All flour now VAT zero-rated

All flour has now been zero-rated under the Value-Added Tax (VAT) Act by Finance Minister Winston Jordan, who has also put in place tax exemptions for items imported for use by charities and non-governmental organisations.

In addition, to avoid running afoul of trade obligations, Jordan has revised the recently announced list of items due for zero-rating under the VAT Act to no longer limit its application exclusively to “locally-produced” goods.

Under the VAT Act, Jordan issued Value-Added Tax (Amendment