Services and Regulatory Updates
02 January 2025
Important Update: Change in VAT Rate for Israel Effective January 1, 2025
We would like to inform our customers about a significant update regarding the Value Added Tax (VAT) in Israel.
VAT Increase to 18%
Effective January 1, 2025, the VAT rate in Israel will increase from 17% to 18%, as per the Value Added Tax Order 11179, published in February 2024. This change was enacted as part of the 2024 government balance plan.
Details of the Change
Under the Value Added Tax Law of 1975, VAT is imposed on transactions within Israel and the import of goods. Starting January 1, 2025, the tax rate applied to these transactions will be adjusted to 18% of the transaction or goods’ value.
Impact on DDP Shipments
For Delivered Duty Paid (DDP) shipments valued over $75, the applicable VAT rate will increase to 18% in compliance with this legal change.
For further details, please contact your SkyNet Worldwide Express account manager or call us at 0208 538 1988.
19 March, 2020
Due to updates coming in thick and fast, we have put together a summary of all our offices worldwide and the impact on our services due to COVID-19.
We will try to keep our list up to date, but we do ask clients to please contact your local SkyNet office prior to sending a parcel.
