How to Avoid VAT Becoming a Final Cost when Developing Municipal Infrastructure
Developers often face significant costs when they are required to finance municipal infrastructure such as roads, sidewalks, footpaths and cycle paths, roundabouts, and green areas. One of the biggest challenges is how to handle value added tax (VAT) so that it does not become a final cost in the development project. Proper handling of VAT can make a big difference to the profitability of the project.