The north’s ‘government’ within the space of a few hours on Monday night and Tuesday publicised plans to raise value added tax (VAT) rate on a total of 54 products, before making a u-turn within hours, and just hours before the new rates were set to be implemented at the start of the new year.
The rate hikes would have seen a five per cent VAT rate levied on basic products such as bulgur wheat, rice, pasta, dairy products, baby food, meat, poultry, fish, eggs, vegetable
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