- Zimbabwe’s Cabinet has approved a proposal to remove 15.5% VAT on fish and fish products.
- The change would exclude kapenta and is aimed at supporting the domestic fisheries sector.
- The measure is intended to improve local producers’ competitiveness and reduce reliance on cheaper imports.
- The VAT removal will take effect through pending legislative action.
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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