- Deputy finance minister David Masondo rejects removing VAT on more foods
- He believes that expanding the basket of zero-rated foods will lead to lower tax revenue
- He argues that this would result in less funds for targeted relief for the poor
Source: sowetanlive.co.za
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.
