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
