Costing and pricing in the real world: the VAT issue, inflation and affordability

For the moment we’ve lost the battle with the Zambia Revenue Authority (ZRA) to have Kit Yamoyo zero rated for VAT purposes. The ZRA pointed out that Kit Yamoyo contains soap which is VAT-able and so VAT should be charged on the kit at 16%. We responded saying that Kit Yamoyo has been approved by […]