TAX UPDATE: Fuel Tax Relief Measures Introduced in Zambia
TAX UPDATE: Fuel Tax Relief Measures Introduced in Zambia
The Government of Zambia has announced temporary tax relief measures on fuel in response to rising global oil prices and supply disruptions.
Effective: 1 April 2026 – 30 June 2026
Key Measures:
What this means for businesses:
Effective: 1 April 2026 – 30 June 2026
Key Measures:
- VAT zero-rated on petrol and diesel
- Excise duty suspended on fuel imports
What this means for businesses:
- Lower fuel-related operating costs
- Improved cash flow (input VAT remains recoverable)
- Immediate need to update VAT treatment and system to categorize fuel correctly so as not to charge VAT on sale at 16%