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ANALYSIS: Proposed VAT increase reversed
Manage episode 479074588 series 2579897
The proposed VAT increase, which was meant to be implemented next month, has been reversed. Treasury issued a statement shortly after midnight on Thursday. The VAT rate was scheduled to rise to 15.5% on 1 Maybut will now remain at 15%. Treasury says the decision was taken after considering recommendations of the Parliamentary committees and extensive consultation with political parties.
See omnystudio.com/listener for privacy information.
355 episodes
Manage episode 479074588 series 2579897
The proposed VAT increase, which was meant to be implemented next month, has been reversed. Treasury issued a statement shortly after midnight on Thursday. The VAT rate was scheduled to rise to 15.5% on 1 Maybut will now remain at 15%. Treasury says the decision was taken after considering recommendations of the Parliamentary committees and extensive consultation with political parties.
See omnystudio.com/listener for privacy information.
355 episodes
Kaikki jaksot
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