UK: 
USA:
Here is our round-up of all the newest tax snippets from September 2025 – featuring news of rate changes, regulatory updates and reclassifications across the world.
Bahamas
The Bahamas cut VAT from 10% to 5% on medicines, medical supplies, feminine products, and diapers, effective September 1, lowering household costs as retailers implement the reduced rate nationwide.
Belgium
The Royal Decree of 8 July 2025, published on 14 July 2025, establishes the regulatory framework for structured e-invoicingElectronic invoicing - widely referred to as e-invoicing - is the exchange of a digital document between a supplier and a buyer. E-invoices are issued, transmitted and received in a structured data format that enabled automatic and electronic processing. They contain data in a machine-readable format so that an AP system can read an invoice without manual data entry, leading to faster and more efficient invoicing. in Belgium, building on the Law of 6 February 2024.
Finland
The Finnish Government is considering a half per cent cut of the reduced VAT rate (14%), starting in 2026. The change is included in the draft Budget 2026.
Germany
The German Ministry of Finance has issued a draft Tax Amendments Act 2025, which includes bringing back permanently the 7% reduced VAT rate for food sales by hospitality businesses, and the effective date will be 1 January 2026.
Greece
Some of the Greek islands have been reduced by 30% to alleviate the cost-of-living crisis. There has been a reduced VAT rate on a number of islands since 2021. But this is now extended.
Mexico
Mexico has proposed new tax withholding rules for digital platforms and an excise tax on video games.
Sweden
The Swedish Ministry of Finance issued a memorandum on proposed VAT Act amendments. This stated a temporary VAT reduction on food and bottled water starting April 2026
Slovakia
Slovakia will apply the 23% VAT rate from January 2026 to sugary and salty foods like chocolate, soft drinks, and snacks, while keeping exemptions for staples such as baby food and dairy.
Tanzania
Tanzania’s tax agency has confirmed that despite the recent entry into effect of the 2025 Finance Act, plans to introduce a 16% reduced rate of VAT will be implemented from a later date.
Thailand
Cabinet agrees extension to existing 7% rate; planned 3% rise delayed until at least 2026.
