- Ethiopia introduces VAT exemptions on water, electricity, and mass transport services for low-income groups
- VAT Directive No. 1341/2024 outlines the application of VAT on these services
- South African government updates VAT policy to provide exemptions for low-income households on water and electricity services
- Exemptions have been in place for 22 years, but households exceeding a consumption threshold will incur VAT
- Guidelines will be published soon to establish thresholds for exemption
- Mass transport sector also exempt from additional VAT for low-income groups
- VAT will be imposed for vehicles with fewer than eight passengers, excluding three-wheelers.
Source: regfollower.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.
