VAT measures

Oct 22, 2018

As announced on Budget day, section 41 of the Bill amends section 46(1) (ca) VATCA 2010 to increase the rate of VAT on tourism from 9 percent to 13.5 percent, except for the provision of sporting facilities and the supply of newspapers and other periodicals.

This section also provides for the 9 percent rate to apply to the supply of electronic publications and also inserts a new paragraph 7A into Schedule 3 of VATCA which defines electronic publications, to include the electronic supply of newspapers, periodicals and books. These measures will take effect from 1 January 2019.