North Macedonia has temporarily reduced fuel VAT from 18% to 10% to curb price rises triggered by the Middle East conflict. The measure, announced by Prime Minister Hristijan Mickoski, takes effect from midnight on 23 March 2026 and is set to last two weeks. Petrol prices are expected to stay flat while diesel may rise slightly by €0.04‑€0.05 per litre.
The reduced VAT rate takes effect from midnight on 23 March 2026.
The measure is set to last for two weeks, ending on 6 April 2026.
The VAT rate on gasoline and diesel is lowered from 18% to 10%.
Petrol prices are expected to stay broadly unchanged, while diesel prices may rise slightly by €0.04 to €0.05 per litre.
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Kathimerini · about 2 hours ago
North Macedonia has lowered the VAT on gasoline and diesel from 18% to 10% effective 23 March 2026 for a two‑week period to curb fuel price rises linked to the Middle East conflict. The change is expected to keep gasoline prices stable while diesel will rise modestly by 3–3.5 dinars (€0.04–€0.05) per litre.
Telegrafi · about 17 hours ago
The North Macedonian government announced a reduction of the VAT rate on fuel from 18% to 10% to curb rising fuel prices. Gasoline prices remain unchanged, while diesel will rise by only 3–3.5 denars per litre. The change was approved in an extraordinary meeting on 22 March 2026.
VatAbout · 2 months ago
North Macedonia has introduced several VAT and e‑invoicing updates in late 2025 and early 2026. The VAT exemption for small‑value shipments is now limited to non‑commercial items, the 5% preferential rate for residential buildings is extended to 2028, and a pilot e‑invoice system (e‑Faktura) began on 5 January 2026. A new Top‑up Tax Rulebook was also published, aligning with OECD standards.
Pagero · 2 months ago
North Macedonia has begun the pilot testing phase of its new e-invoice system, e‑Faktura, on 5 January 2026. The state‑owned platform will allow real‑time, direct communication between businesses and the tax authority, with test invoices having no legal effect. The rollout will include a client application by the end of Q1 2026, a production server by the end of Q2 2026, and mandatory adoption from Q3 2026.
VatCalc · about 2 hours ago
Northern Cyprus has temporarily reduced VAT on all fuel products to 0% under the 2025 VAT Rates (Amendment) Regulation, following a Council of Ministers decision published on 18 March 2025. The change covers unleaded petrol, diesel, kerosene, fuel oil and aviation fuel, and is accompanied by a cap on importer and dealer margins at 7.25 TL per litre to curb inflation driven by the Iran conflict.
MaltaToday · 1 day ago
Malta opposition leader Alex Borg defended his proposal to cut VAT on restaurants and kiosks from 18% to 7%, arguing it would benefit around 3,000 catering businesses. Finance Minister Clyde Caruana opposed the measure, citing a €140 million cost that would match the 2024 tax cut and only benefit a small sector. Borg accused Caruana of branding restaurateurs as thieves.
