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Vanuatu hikes VAT to 15%

  • VAT
  • 04 January 2018 | Richard Asquith

Vanuatu hikes VAT to 15%

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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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.