The Finance Ministry was recently applauded for expanding the basket of zero-rated foods as part of a series of efforts to ...
Zero-rating is a blunt tool to assist lower-income households, because there is no guarantee that there will be a reduction ...
Despite intensive lobbying to include bone-in chicken in the list, it was not included – yet it seems luxury meat items may ...
Most canned vegetables will not be included in the list of zero-rated food products, according to new VAT legislation ...
For instance, most foods and goods on the shelves at your local grocery store have a VAT charge attached to them. That means that chocolate, frozen meals, alcohol and a host of other products will be ...
The VAT zero-rating of basic foodstuffs is aimed at alleviating the regressivity of the tax to ensure that poor people do not ...
Company A sponsors a large trade fair. Rather than paying a sponsorship fee of £100,000 + 20% VAT to the event ...
Understand how the VAT increase affects your grocery shopping and discover which essential items remain exempt.
The items added to the list of zero-rated foods ... Read: Chicken industry body serious about Vat-free products [Sept 2024] “The government is very aware of the cost-of-living pressures faced ...