The SAIT Business Tax Incentives and Grants Technical Workgroup calls for the formal inclusion of several key government grant programmes—namely the Agro Industrial Fund (AIF), Manufacturing Support Program (MSP), Blended Finance Scheme (BFS), and the Automotive Investment Transformation Fund (AITF)—in the Eleventh Schedule of the Income Tax Act. Currently, the exclusion of these programmes from the list of tax-exempt grants limits their potential effectiveness by reducing clarity and discouraging participation. These programmes serve strategic economic goals, including agricultural development, manufacturing support, and transformation of the automotive sector. Incorporating them into the Schedule would ensure consistent tax treatment, encourage broader uptake, and better align with international best practices. The Workgroup urges the Minister of Finance to address the issue through consultation with stakeholders and timely gazetting of exemptions.
