TAX MATTERS: Liabilities not removed by VAT deregistration

https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-277600.mp3?cb=1732288413.mp3VALUE Added Tax (VAT) is a transaction tax, and the implications will vary for different transactions. Some transactions are taxed at a rate of 14.5 percent (effective January 1, 2020; previously 15 percent) or zero percent, while other transactions are exempt from VAT. Deregistration relieves the person of the administrative burden of having to account…