To increase the taxable-base for VAT, it is porposed to standard rate the supply of the following:
a) property and non-life insurance, and abolish the current applicable insurance premium levy; and
b) Booklets and Newspapers.
Zero-rate Value Added Tax on selected agricultural equipment and accessories.
These include:
- a) Manure Spreaders;
- b) Balers;
- c) Combine Harvesters;
- d) Commercial Sprinkler Irrigation Systems;
- e) Animal Feed GrinderMixer;
- f) Pelleting Machines;
- g) Sprayer;
- h) Trailers of a specific HS code
- i) Dryers for agricultural products of a specific HS code.
Source gov.zm
Latest Posts in "Zambia"
- Turnover Tax or VAT: Choosing the Best Tax Regime for Zambian SMEs
- Zambia’s 2026 Budget: VAT Relief on Water, Support for Small Businesses, and Investment Incentives
- Zambia Introduces 10% Excise Duty on Gaming and Betting from September 2025
- Zambia’s 2026 Budget: Tax Amendments, VAT Refunds for Energy, and Increased Customs Duties
- 2026 Budget: Increase in Customs and Excise Duty Rates Announced
