VATupdate

Share this post on

Build One South Africa Calls for VAT Moratorium and Expanded Zero-Rated Items

  • Build One South Africa is calling for a moratorium on any VAT increase and an expanded list of zero-rated items.
  • The movement believes that South Africans are in a dire situation and debt is increasing while net wealth declines.
  • They also suggest that the government should cut numerous transport taxes to lower the cost of living.
  • Mmusi Maimane, the leader of Build One South Africa, discusses these proposals in an interview with eNCA.

Source: youtube.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news
VAT news

Advertisements: