VATupdate

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Government Extends VAT Exemptions on Essential Foods for Six Months in 2025-2026 Budget

  • VAT exemptions on essential food items extended for six months starting October 1, 2025
  • Measures aim to ease living costs
  • Additional revenue to be raised through tourism and vehicle levies
  • Budget includes support for agriculture

Source: kpmg.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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