Zimbabwe Meat Dealers Begged Government To Scrap 15% Tax Imposed On Meat Products

Local meat production companies  in Zimbabwe have begged Government to consider scraping the 15 percent tax impose on all meat products.

They say that the tax, taking impacts from this month, will affect their business negatively.

Speaking during a tour by the Parliamentary Portfolio committee of Lands, Agriculture, Mechanisation and Irrigation Development, the managing director of Surrey Meats, Mr Simon Arnold said the 15 percent VAT that had been effected will cripple their industry.

Government recently gazetted Statutory Instrument 20 of 2017 which came into effect on February 1, 2017.

SI20 levies a Value Added Tax of 15 percent on meat, meat products, fish, potatoes, rice and margarine, products which were previously zero VAT rated.

According to Arnold, The S120 of 2017 is hurting our industry as the cost of doing business in Zimbabwe was already high before it was effected.