On June 5th 2025, the Latvian Parliament adopted new amendments confirming the postponement of the mandatory B2B e-invoicing from 1st January 2026 to 1st January 2028.
The Latvian Ministry is thinking about reducing the applicable VAT rate from 21% to 5% on meat, newspaper and bread. This measure would apply until June 30, 2024.
From 1st January 2022, the VAT rate applicable to books and printed media in physical and electronic format is reduced from 12% to 5%. This measure follows EU Member States’s wishes to impose the same rate of VAT on books and written press in both physical and electronic formats.
From 1st January 2020, the reverse charge mechanism will no longer apply in Latvia to building material supplies and the supply of domestic electrical and household appliances. In addition, the VAT exemption for medical and dental services provided directly to the patient has been extended to include the same services provided to other medical institutions.
