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Tax Cut Takes Edge off Vet Bills

Governments considers VAT exemption for wider range of vetinary care services as early as this year.

Under the current decree relating to animal healthcare, 10 percent VAT is charged on pet care services here.

Some veterinary care services, such as vaccinations, neutering surgery and clinical pathology, have already been VAT-free, but only certain animals are subject to the tax exemption: mobility assistance dogs, animals protected under the Livestock Products Sanitary Control Act, and sea animals protected under the Aquatic Life Disease Control Act.

Source: www.koreaherald.com

 

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