Russia’s Ministry of Industry and Trade has proposed a flat 22% VAT on all foreign goods, including purchases via online marketplaces, effective 1 January 2027. The proposal contrasts with a Ministry of Finance draft that would raise the rate gradually from 5% in 2027 to 20% in 2030. The announcement was made by Minister Anton Alikhanov at the Duma Committee on Industrial Policy on 11 February 2026.
A flat 22% VAT, effective 1 January 2027.
The draft would raise rates gradually: 5% in 2027, 10% in 2028, 15% in 2029, and 20% from 2030.
It was announced on 11 February 2026 by Minister Anton Alikhanov at the Duma Committee on Industrial Policy.
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Bloomberg Tax · 19 days ago
The Russian Federal Tax Service announced that the filing deadline for Q1 2026 VAT returns is April 27, 2026. Taxpayers must use a new form that reflects a VAT rate increase to 22% from 20%, along with other changes.
The Moscow Times · about 1 month ago
Russia increased its VAT rate from 20% to 22% on 1 January 2026, expanding VAT registration to more small businesses. The Finance Ministry expects the hike to bring an extra 3.2 trillion rubles in revenue, while businesses have already raised prices to offset the tax change. The move aims to close the fiscal gap caused by war spending and falling oil revenues.
GOV.UK · about 12 hours ago
This guidance handbook provides technical instructions for traders and businesses on using the Simplified Customs Declaration Process (SCDP). It outlines procedures for simplified declarations, frontier declarations, transit movements, supplementary declarations, and other related customs processes, while emphasizing that users remain liable to meet all legal requirements.
Teaha · about 20 hours ago
In Romania, any cash or card payment to individuals triggers the requirement to use an electronic fiscal cash register, regardless of how often the transaction occurs. The only exemption is when all receipts and payments are made exclusively through bank accounts. Certain entities must also accept card payments via POS terminals unless they rely solely on bank transfers. B2B cash receipts can be documented by invoice and receipt without a fiscal receipt.
BusinessGreen · 1 day ago
A UK tax tribunal has ruled that VAT on public electric vehicle charging should be reduced to 5%, matching the rate already applied to home charging. The decision covers charging at service stations, supermarkets and residential streets, replacing the current 20% rate for public chargers.
VatCalc · 1 day ago
A UK First‑tier Tribunal has ruled that public EV charging can qualify for the 5% reduced VAT rate if the supply does not exceed 1,000 kWh per customer per month at a specific location, overturning HMRC’s earlier stance. The decision could lower charging costs and may influence the Treasury’s consideration to cut VAT on public charging to 5% ahead of the 2028 pay‑per‑mile levy. HMRC’s 2021 guidance still applies a 20% rate to public charge points, and the Treasury is reviewing VAT reforms to offset the levy’s impact.
