VAT changes prove a ‘mixed bag’ for businesses

AdvertisementsZIMBABWE’S sweeping changes to its Value Added Tax (VAT) system have left businesses and analysts grappling with the implications, particularly as the government pursues a vigorous domestic revenue mobilisation drive. The Finance Act 13 of 2023, accompanied by significant statutory instruments, substantially altered the landscape of what goods and services qualify for various VAT rates.…

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