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NBR Updates VAT Financial Services and General Guides for Clarity on Interchange Fees

  • NBR updated VAT Financial Services Guide & VAT General Guide on 6 August 2024
  • Guides provide clarification on VAT treatment of interchange fees and punitive charges

Source: assets.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.

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