Zambia delays Sales Tax replacement of VAT till 2020
- Aug 4, 2019 | Richard Asquith
Zambia has postponed for the third time this year the replacement of the existing Value Added Tax system with a Sales Tax. The new turnover tax will now be implemented on 1 January 2020 instead of 1 September 2019.
The delay is due to lack of preparedness by taxpayers. There are also concerns around a big jump in inflation, which a turnover tax would add to.