From January 1, 2024, the VAT rate will increase

From January 1, 2024, the value added tax rate in the Republic of Estonia will increase from the current 20% to 22%.

The VAT rate increase applies to all products and services from 1 January 2024 and will affect all customers who are subject to the Estonian VAT rate.

Please adjust the payment limit if you have a permanent agreement on payment of e-invoices with the bank.

Also, please note that in invoices generated by the system that are unpaid before 12/31/2023, the VAT rate will be changed on January 1, 2024, which will accordingly change the invoice amount.