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Unregistered Butcheries Costing Government Millions in Lost Revenue from Live Animal Sales

  • Unregistered butcheries in Zimbabwe are not collecting the 15 percent value added tax (VAT) on live animal sales
  • Finance Minister Mthuli Ncube introduced a standard tax of 15 percent on live animals and other products in the 2024 national budget
  • VAT exemptions will be limited to certain goods and services, with the remaining being standard rated
  • These measures will be implemented from January 1, 2024 for ease of administration.

Source: herald.co.zw

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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