Important Update: VAT Rate Changing to 18%

Dear Customers,

In accordance with the Tax Authority's update, starting January 1, 2025, the VAT rate will change from 17% to 18%.

What does this mean for you?

• Any invoice issued from January 1, 2025, will include VAT at the rate of 18%.

• Customers who issue invoices using PAYME’s invoicing service, where VAT is applied, will have the VAT rate updated automatically on 01.01.25.

• Customers using the subscription service (fixed monthly charges – direct debit) can update prices in the interface to reflect the new VAT rate. It’s simple! Click here for the guide.

If you have any questions or need assistance, our support team is here to help.

Thank you for your cooperation,
The PAYME Team