Vanuatu hikes VAT to 15%

Thu 4th Jan 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%.

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