Moldova is consulting on major VAT reforms to align with EU standards, including extending the 20% rate and broadening the tax base. Key changes cover rate adjustments, registration thresholds, deregistration rules, and a new general right to reclaim input VAT from 1 January 2027.
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MoldPres · 5 months ago
Moldovan Parliament has raised the VAT registration threshold from 1.2 million lei to 1.7 million lei, effective 1 March 2026. The change reduces the number of companies required to register for VAT and aims to ease administrative burdens for microenterprises.
Logos Press · 6 months ago
Moldova’s legislature has amended the Tax Code to raise the VAT registration threshold to 3.2 million lei, a move that the Ministry of Finance only partially supports by proposing 1.7 million lei. The current threshold, effective 1 January 2026, stands at 1.5 million lei, and the EU directive caps the limit at 85 000 € or its equivalent.
The Independent · about 3 hours ago
The UK government will remove VAT from domestic electricity bills from 1 October 2026, cutting the rate from 5% to 0%. The change is expected to save households around £45 a year and will be funded by cancelling the Digital ID programme.
The Independent · about 5 hours ago
In the UK, the government announced an £850 million tax cut on energy bills, making electricity bills VAT free from 1 October 2026 in England, Scotland and Wales. Northern Ireland remains exempt because EU VAT rates apply under the Windsor Framework, preventing the cut from applying there.
LinkedIn Article by e-Invoice.app · about 7 hours ago
Belgium has approved a pre-draft law mandating near real-time VAT e-reporting by both suppliers and customers, effective 2028 for domestic transactions. The measure will replace the annual customer list for in-scope businesses and will be phased in after the Data Protection Authority and Council of State review.
LinkedIn Article by e-Invoice.app · about 9 hours ago
Luxembourg extends its e-invoicing obligation from public contracts to domestic business-to-business transactions. The Council of Government approved a draft law on 17 July 2026, transposing EU Directive 2025/516. A single interoperable network will be established, but start dates and technical details remain to be defined.
Key Takeaways
As of 1 January 2027, Moldova's Ministry of Finance will grant taxpayers a general right to reclaim excess input VAT over output VAT.
From 1 January 2027, Moldova's Ministry of Finance will set the MDL 1.7 million registration threshold based on turnover, and businesses can voluntarily register if they expect to exceed it.
From 1 January 2027, businesses may request deregistration if their turnover falls below the MDL 1.7 million threshold over a 12-month period.
From 1 April 2027, Moldova's Ministry of Finance will replace the 8% rate with the 20% standard rate for hospitality services, food, certain pharmaceuticals, agricultural produce, livestock, and natural gas.
From 1 January 2027, Moldova's Ministry of Finance will apply the standard rate to previously exempt supplies including residential property, most vehicle sales, and low-value imported online purchases.
Primary source
Read the full article at VatCalcThis summary was published on VATfaqs.com on 6 July 2026. It relates to VAT developments in Moldova. The original source is VatCalc.