VAT zero-rate for certain supplies to non-profit making organisations

Amendments to the Fifth Schedule Parts 1, 3 and 4 of the VAT Act were introduced by LN 12 of 2024. The changes exempt (zero-rate) supplies to recognised non-profit making organisations of devices and aids, including related goods, which are essential to compensate or overcome disability in humans. An exemption also applies to the intra-community acquisition and importation of said goods by designated non-profit making organisations.