coastal city view

Latest VAT rate changes


The VAT rate is reduced to 6% (from 24%) until 31 December 2020 for the below goods:

  • Protective masks and gloves;
  • Antiseptic products;
  • Wipes and relevant antiseptic;
  • Soap and all other personal hygiene products; and
  • Ethyl alcohol (if this is used as a raw material for the production of antiseptics).


From 1 April 2020, the VAT rate has been reduced from 16% to 14%.


The VAT rate for hotels, restaurants and catering services has been reduced from 20% to 15%.


The reduced VAT rate of 12% will be cut to 8% until the end of October 2020.

The reduced rate is applicable to the below services:

  • Passenger transport;
  • Accommodation;
  • Public broadcasting; and
  • Sporting events.