Interest Rates & Customs Duty Changes
- celias86
- Apr 3
- 1 min read
The Minister of Finance and Economic Development has amended the interest rates on unpaid or overpaid Income Tax, Value Added Tax, and Capital Gains Tax, as well as the duty rates for certain items. Since the statutory instruments did not specify an effective date, the effective date will be the date the instruments are gazetted, which is 19 March 2025 in accordance with section 20 (1) of the Interpretation Act.
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