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Bangladesh simplifies tourism VAT

  • VAT
  • 30 July 2016 | Richard Asquith

Bangladesh simplifies tourism VAT

As part of the 2016/17 budget, Bangladesh has consolidated the VAT rates on a number of tourism-related services.

Hotel VAT has been cut from 15% to 10%. VAT on restaurant services, excluding alcohol, has been raised from 7.5% to 10%.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.