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PM Unveils More Zero-Rated VAT Items, Raises Cost of Living Allowance and Pensions

  • The Prime Minister announced more items will be exempt from VAT (zero-rated).
  • A cost of living allowance will be provided to help citizens cope with rising expenses.
  • Pensions will be increased to support retirees.
  • These measures aim to ease the financial burden on the public.

Source: research.ibfd.org

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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