The insurance industry has not received a formal advisory from the government regarding a reported deferral of the implementation of changes to the treatment of Value-Added Tax (VAT) on health insurance, according to Marcus Bosland chair of the BIA’s health insurance committee.
Bosland said: “While the BIA has read with interest the Minister’s statements regarding a deferral of the VAT rule change, the Government has not yet formally advised informed the industry. We are hopeful that a formal statement will come from the Government soon.”
Source: ewnews.com
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