Iceland indirect-tax changes
Every confirmed VAT, GST and e-invoicing change we have recorded for Iceland, newest first. Each one carries its official source and the date it takes effect.
The record 4 changes
- Date TBC Not yet law: Iceland's 2027 budget bill would move bathing lagoons off the reduced VAT rate
- Date TBC Not yet law: Iceland's 2027 budget bill would cut the residential-construction VAT refund from 35% to 20%
- 1 Sept 2026 Iceland’s 11% fuel VAT expires on 1 September 2026
- 1 May 2026 Iceland cuts fuel VAT to 11% for the summer
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