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Finance Bill 2026: Why gov't wants to impose 16% VAT on digital payments

video
C
Citizen TV (Youtube)
May 28, 2026
2h ago
The Bill proposes to remove VAT exemptions on money dealings and financial services, by introducing a 16% VAT on digital payment processing, transfers, and merchant acquiring services. In Simple Terms, this means that right now, when you move money or pay for things digitally, t
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