Flood 2024. Zero VAT rate for flood victim assistance excluding deductions

Regina Pierce

Flood 2024. Zero VAT rate for flood victim assistance excluding deductions

The Minister of Finance issued two zero VAT rate rules for flood relief. The first concerns donations of goods and services, including: through public interest organizations or local governments, effective September 18. The second concerns building materials, including: for individuals, effective September 24.

Zero VAT on donations to flood victims

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