{"id":5491,"date":"2014-05-20T17:09:14","date_gmt":"2014-05-20T17:09:14","guid":{"rendered":"http:\/\/fortuneofafrica.com\/ug\/?page_id=5491"},"modified":"2014-05-20T17:09:14","modified_gmt":"2014-05-20T17:09:14","slug":"investment-incentives-in-livestock-sector","status":"publish","type":"page","link":"https:\/\/afrifacto.com\/ug\/investment-incentives-in-livestock-sector\/","title":{"rendered":"Investment  Incentives in Livestock sector"},"content":{"rendered":"<p>\u2022 Inputs used for agricultural purposes are duty and tax free on importation;<br \/>\n\u2022 Deductible annual allowances of 20 percent on specialized trucks, trailers, tractors, plant and Machinery used in farming;<br \/>\n\u2022 Deductible annual allowances of 20 percent on farming costs for farm works such as labor quarters, immovable buildings, fences, dips, drains, water and electricity supply works and other works necessary for the farm;<br \/>\n\u2022 Income exemption for the interest earned by a financial institution on a loan to any person for the purpose of farming, animal and poultry husbandry;<br \/>\n\u2022 Income exemption for persons engaged in agro processing;<br \/>\n\u2022 The following items are VAT exempt;<span style=\"font-size: 10.5pt;line-height: 115%;font-family: Verdana,sans-serif;color: #003366\"><br \/>\n<\/span>\u2013 Supply of veterinary services<br \/>\n\u2013 Supply of veterinary equipment<br \/>\n\u2013 Supply of poultry and livestock<br \/>\n\u2013 Supply of machinery used for the processing of agricultural products;<span style=\"font-size: 10.5pt;line-height: 115%;font-family: Verdana,sans-serif;color: #003366\"><br \/>\n<\/span>\u2022 VAT Zero rated items include;<br \/>\n\u2013 Supply of fertilizers, pesticides and hoes<br \/>\n\u2013 Supply of machinery, tools and implements suitable for use only in agriculture<br \/>\n\u2022 Withholding tax is exempted for the following;<br \/>\n\u2013 Supply or importation of animal drugs<br \/>\n\u2013 Supply or importation of plant and machinery<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2022 Inputs used for agricultural purposes are duty and tax free on importation; \u2022 Deductible annual allowances of 20 percent on specialized trucks, trailers, tractors, plant and Machinery used in farming; \u2022 Deductible annual allowances of 20 percent on farming costs for farm works such as labor quarters, immovable buildings, fences, dips, drains, water and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_uag_custom_page_level_css":"","footnotes":""},"class_list":["post-5491","page","type-page","status-publish","hentry"],"blocksy_meta":[],"acf":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"admin","author_link":"https:\/\/afrifacto.com\/ug\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"\u2022 Inputs used for agricultural purposes are duty and tax free on importation; \u2022 Deductible annual allowances of 20 percent on specialized trucks, trailers, tractors, plant and Machinery used in farming; \u2022 Deductible annual allowances of 20 percent on farming costs for farm works such as labor quarters, immovable buildings, fences, dips, drains, water and&hellip;","_links":{"self":[{"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/pages\/5491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/comments?post=5491"}],"version-history":[{"count":0,"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/pages\/5491\/revisions"}],"wp:attachment":[{"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/media?parent=5491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}