Zero-rated supplies The following goods and services will be zero-rated: Basic food items The Minister proposed to zero-rate the sale of dry white or wet or dry brown granular sugar and fresh milk. This amendment will expand the list of zero-rated food items. These are the items that will be zero-rated for VAT Ingé Lamprecht A panel of independent experts has reviewed the current list of zero-rated food items.

Zero-rated supplies The following goods and services will be zero-rated: Basic food items The Minister proposed to zero-rate the sale of dry white or wet or dry brown granular sugar and fresh milk. This amendment will expand the list of zero-rated food items. These are the items that will be zero-rated for VAT Ingé Lamprecht A panel of independent experts has reviewed the current list of zero-rated food items. Zero-rated basic food items. Malus Gigaba said that 19 basic food items that are zero-rated and are only meant to cover basic food items. Finance Minister Malusi Gigaba says that poor households will not be affected by the increase of VAT to 15 %. Gigaba said that there are 19 basic food items that are zero-rated. Goods and services exempted from VAT are: Non-fee related financial services Educational services provided by an approved educational institution Residential rental accommodation, and Public road and rail transport. Basic foodstuffs zero-rated in South Africa Brown bread. Maize meal. Samp. Mealie rice. Dried mealies. Dried beans. Lentils. Namibia vat (Value Added Tax) Rate. The standard rate of VAT in Namibia is 15%. Certain goods and services are zero-rated, such as direct exports of goods, international transport services, sales of businesses as going concerns, certain services rendered to nonresident persons and sales of some basic food items.

10 Aug 2018 On Friday, Minister of Finance Nhlanhla Nene released the report by the independent panel on the review of the current zero-rated items. The 

Goods and services exempted from VAT are: Non-fee related financial services Educational services provided by an approved educational institution Residential rental accommodation, and Public road and rail transport. Basic foodstuffs zero-rated in South Africa Brown bread. Maize meal. Samp. Mealie rice. Dried mealies. Dried beans. Lentils. Namibia vat (Value Added Tax) Rate. The standard rate of VAT in Namibia is 15%. Certain goods and services are zero-rated, such as direct exports of goods, international transport services, sales of businesses as going concerns, certain services rendered to nonresident persons and sales of some basic food items. Are there any reduced rates, zero rates or exemptions? Zero-rated supplies include: export of goods; international transport; certain food items; maize meal and mahango; flour and bread; sunflower cooking oil; beans; milk and sugar; erection and extension of buildings and sale of land for residential purposes; funeral undertaking services Examples of VAT at a Zero rated items and services include: • Petrol leaded or unleaded; • Mahango, mahango meal, maize meal and bread, but not as a prepared meal; • Water and electricity to a residential account; • Selling of residential property; • Fresh milk • Sunflower oil The listed items and services have VAT at zero %, thus The items covered, or rather, the items not covered by this zero rating are currently the topic of much debate with calls for extending the list of items. The reasoning behind this zero rating is to provide basic foodstuffs at a reduced price to benefit the poor. The list of zero rated items includes the following items: brown bread. dried mealies

1 Sep 2017 “In this regard, we do not intend to increase tax rates,” he said. incentives, like the zero rating of sugar be considered,” Husselmann said.

Zero-rated items include: certain foodstuffs, direct export of goods, There is no capital gains tax in Namibia; however, income  handbook was produced by the Income Tax team at PwC Namibia, and is Goods and Services A number of other zero-ratings and exemptions are also. SACU is a customs union whose members are Botswana, Lesotho, Namibia, Apart from zero-rating exports, a limited but similar range of goods and services  Exempt and Zero Rated Items and Persons. C. Final VAT collections: Namibia. 4.8. 14.9. Retail Sales Tax. South Africa. 5.8. 22.2. VAT. Swaziland. 3.7. 12.8. Unit cost per meeting period = N$0.50 VAT Zero-rated. Direct Dialed Customs and duties are payable on importation of goods in Namibia , except if goods are.

Zero-rated items include: certain foodstuffs, direct export of goods, There is no capital gains tax in Namibia; however, income 

Investment Products · Interest Rates Therefore, postal codes allocated to some towns in Namibia have changed. services concerns delivery to such address types as PO Box, Private Bag, counter collection services parcels, registered items and Poste Restante. The third character in this Phase 1 design is always zero. 8 Feb 2018 The Financial System Stability Assessment for Namibia was prepared by a over-year growth rates over the past ten years (12.5 percent on borrowers default with zero percent recovery, the CARs of these two banks would fall substantially consider disclosing relevant elements of its policy to promote  We have had VAT in Namibia since November 2000 but many people still get confused between zero-rated VAT transactions and VAT-exempt transactions. One of the basic principles of VAT is that the person selling the. goods or providing the service will determine what rate of VAT to. apply to such a transaction. The following items may be zero rated provided they are not served or sold as a meal or cooked or prepared food once the 2008 Value-added Tax Amendment Act becomes effective: * The sale of fresh Zero-rated supplies The following goods and services will be zero-rated: Basic food items The Minister proposed to zero-rate the sale of dry white or wet or dry brown granular sugar and fresh milk. This amendment will expand the list of zero-rated food items.

Considering that the panel had to work through over 2,000 submissions and was under a tight deadline, I believe the list of six additional zero-rated items provides a useful starting point for the

15 Dec 2016 Including VAT (Value Added Tax) rates for Spain, France, Belgium, South Korea, Japan, Pakistan, Singapore GST 10-50% (on luxury goods)  Investment Products · Interest Rates Therefore, postal codes allocated to some towns in Namibia have changed. services concerns delivery to such address types as PO Box, Private Bag, counter collection services parcels, registered items and Poste Restante. The third character in this Phase 1 design is always zero. 8 Feb 2018 The Financial System Stability Assessment for Namibia was prepared by a over-year growth rates over the past ten years (12.5 percent on borrowers default with zero percent recovery, the CARs of these two banks would fall substantially consider disclosing relevant elements of its policy to promote  We have had VAT in Namibia since November 2000 but many people still get confused between zero-rated VAT transactions and VAT-exempt transactions. One of the basic principles of VAT is that the person selling the. goods or providing the service will determine what rate of VAT to. apply to such a transaction. The following items may be zero rated provided they are not served or sold as a meal or cooked or prepared food once the 2008 Value-added Tax Amendment Act becomes effective: * The sale of fresh Zero-rated supplies The following goods and services will be zero-rated: Basic food items The Minister proposed to zero-rate the sale of dry white or wet or dry brown granular sugar and fresh milk. This amendment will expand the list of zero-rated food items.

10 Aug 2018 On Friday, Minister of Finance Nhlanhla Nene released the report by the independent panel on the review of the current zero-rated items. The  Namibia personal Income Tax Individual income tax rates in Namibia are Certain goods and services are zero-rated, such as direct exports of goods,  Zero-rated items include: certain foodstuffs, direct export of goods, There is no capital gains tax in Namibia; however, income  handbook was produced by the Income Tax team at PwC Namibia, and is Goods and Services A number of other zero-ratings and exemptions are also. SACU is a customs union whose members are Botswana, Lesotho, Namibia, Apart from zero-rating exports, a limited but similar range of goods and services  Exempt and Zero Rated Items and Persons. C. Final VAT collections: Namibia. 4.8. 14.9. Retail Sales Tax. South Africa. 5.8. 22.2. VAT. Swaziland. 3.7. 12.8. Unit cost per meeting period = N$0.50 VAT Zero-rated. Direct Dialed Customs and duties are payable on importation of goods in Namibia , except if goods are.