Hacienda confirms that board member activity is not subject to VAT, impacting businesses positively.

• Government has decided to centralize cashew nut export payments
• Aim is to ensure transparency and prevent fraud in the industry
• Exporters will now receive payments directly from the government
• This move is expected to benefit both exporters and the government

Source: audiconsultores-etlglobal.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.