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Global VAT Rate Changes in 2026: Key Updates and What Businesses Must Do to Prepare

  • Multiple countries are implementing or proposing VAT rate changes in 2026, affecting sectors like accommodation, food, culture, healthcare, and publishing.
  • Finland is considering reducing its VAT rate to 13.5% for a wide range of goods and services starting January 1, 2026.
  • Germany has proposed lowering VAT from 19% to 7% for restaurant and catering services from January 1, 2026.
  • Ireland will reduce VAT from 13.5% to 9% for food, catering, and hairdressing services effective July 1, 2026.
  • Businesses must prepare for system updates, compliance changes, and transitional rules to avoid penalties and ensure accurate invoicing.

Source: fintua.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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