OFFICIALLY CONTINUE TO REDUCE 2% OF VAT IN THE FIRST 6 MONTHS OF 2024

OFFICIALLY CONTINUE TO REDUCE 2% OF VAT IN THE FIRST 6 MONTHS OF 2024

The National Assembly has agreed to continue reducing 2% of VAT from 1st January 2024 to the end of June 2024. Previously, the National Assembly agreed to reduce 2% of VAT from 1st July 2023 to 31st December 2023. On 29th November 2023, the National Assembly officially agreed to continue implementing a reduction of 2% of VAT until the end of June 2024. The implementation of a reduction of 2% of VAT will be carried out stably as in 2022 and 2023. Reduction of 2% of VAT for goods and services currently subject to 10% VAT (to 8%), except for the...

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