
Vanuatu hikes VAT to 15%
January 4th, 2018
The South Pacific island nation of Vanuatu has raised VAT from 12.5% to 15% from 1 January 2018. VAT was introduced in 1998 at 25%, and is administered by the Customs and Revenue Service. It is modelled on the New Zealand GST regime, which has similarly increased its consumption tax to 15%.