Vanuatu hikes VAT to 15%
- Jan 4, 2018 | Richard Asquith
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%.