With new VAT scheme, liquor to get a little cheaper at small bars & taverns
Wednesday, 21 February 2024
The government has introduced a new composition scheme for small bars and taverns, allowing them to pay just 2% of their annual turnover as VAT. This scheme provides relief and reduces the burden of filing periodic returns.
The government has introduced a new composition scheme for small bars and taverns, allowing them to pay just 2% of their annual turnover as VAT. This scheme provides relief and reduces the burden of filing periodic returns.
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