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VAT Exemption on Housing Units

VAT Exemption on Housing Units

June 11, 2020

Value-Added Tax is EXEMPT from complete housing units costing up to $6.5M. These housing units must be built by, or on behalf of, the Central Housing and Planning Authority (CH&PA) or any other approved entity.

This measure is in accordance with Section 22 of Schedule II of the VAT Act Chapter 81:05.

This measure took effect from January 1, 2018.

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