June 28, 2019 / 10:35 AM / 25 days ago

Zambian delays implementation date for sales tax from VAT to Sept 1

LUSAKA, June 28 (Reuters) - Zambian Finance Minister Margaret Mwanakatwe said on Friday she was delaying the implementation date for sales tax from July 1 to Sept. 1 to allow it undergo parliamentary procedures.

In March, Zambia again delayed replacing Value Added Tax (VAT) with a non-refundable sales tax for three months until July to allow for further consultation with business leaders. (Reporting by Chris Mfula; Editing by Alison Williams)

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