- Effective from 1 January 2024
- Disallowing deduction of expenses without proper invoices
- Extending conditions for VAT deductibility (should be issued via tax administration invoices tracking system)
- Abolishing VAT exemption for certain items
- Increasing import duty rates on rice
- Reducing registration fees for transfer of assets and property by certain organizations
Source: ensafrica.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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