- Discounted VAT Rate Days on August 15-16, 2025, reduce VAT from 17 percent to 5 percent on eligible goods
- Specific school supplies have a 0 percent VAT rate from July 1 to September 30, 2025
- Eligible businesses must be VAT-registered and offer in-stock items for the discount
- Exclusions include guns, ammunition, tobacco, alcohol, and vehicles
- School supplies eligible for 0 percent VAT include exercise books, uniforms, and stationery
- Businesses can apply to participate by August 11, 2025
- Approved businesses will be listed on the IRD website by August 15, 2025
- Businesses must submit sales reports by September 1, 2025
- Event aims to help families save on back-to-school expenses and household items
Source: sknird.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.
