A September 1, 2021 implementation date may achieve a reasonable balance between providing sufficient time for businesses and individuals to prepare for the impact from the implementation of VAT, while consciously moving toward contributing to diversifying and stabilising the local economy as early as possible, she said. “The effective date is expected to be confirmed imminently,” Joanne added, “with a possibility of a delay until 2022.”
Source: timesofoman.com
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