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Masondo stands firm on not removing VAT on additional foods

  • 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


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.


VAT news
VAT news