Zambia Extends Temporary VAT Zero-Rating Petrol and Diesel
- Zambia extends VAT zero-rating for fuel: Zambia’s Cabinet has approved an extension of the VAT zero-rating on petrol and diesel.
- New expiry date is September 30, 2026: This zero-rating, along with the suspension of excise duty, will now be in effect from July 1, 2026, until September 30, 2026.
- Formalized by Statutory Instruments: The extensions were formalized through Statutory Instrument No. 56 of 2026 and Statutory Instrument No. 61 of 2026.
Source Orbitax
- Zambia has extended its zero-rating of VAT and suspension of excise duty on petrol and diesel by 90 days, now running from July 1 to September 30, 2026.
- The measures were originally set for April 1 to June 30, 2026, and were formalized through Statutory Instruments No. 61 and No. 56 of 2026.
- The government says the extension is meant to keep fuel prices stable and shield households and businesses from high costs caused by global oil volatility and the Middle East crisis.
- Officials estimate the tax relief will cost about $200 million in lost revenue but say it is needed to support livelihoods and economic stability.
Source: cnbcafrica.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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