Supermarkets had long lost customers to traditional bazaars due to higher prices from the VAT. But now, consumers are returning ...
There is no general legislative right of recovery except where there is a change in the VAT rate, fraud, or misrepresentation ...
Doubting zero-rating’s effectiveness, he cites Deputy Finance Minister David Masondo: “Suppliers did not pass on the benefit ...
Finance Minister Enoch Godongwana softened the VAT hike but scrapped tax bracket relief, meaning all taxpayers face higher ...
Finance Minister Enoch Godongwana reveals plans for VAT increases and essential support measures for low-income households in ...
Prime Minister Pham Minh Chinh has directed the Ministry of Finance to assess extending VAT reductions through 2026.
# “Currently, agricultural products and seeds imported by local farmers are subjected to a 10 percent VAT rate at the border, whereas the final produce sold locally [will soon be] subject to only 5 ...
A vendor is able to claim VAT relief where a debt relating to a taxable supply in respect of which the vendor has accounted for output tax is treated as “irrecoverable“. The vendor may have ...