- The proposal would exempt dialyzers and goods or services for approved public-private partnership (PPP) projects.
- It would clarify that payment platform services are not covered by the financial services VAT exemption.
- It would remove VAT exemptions for certain goods, including denatured ethanol and direction-finding compasses.
- It would also end VAT exemptions for construction inputs used in affordable housing and tourism facilities.
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.
