Masondo rejects removing VAT on more foods

‘Treasury will not change its position in this regard’

Deputy finance minister and ANC national chair candidate David Masondo. File photo.
Deputy finance minister and ANC national chair candidate David Masondo. File photo.
Image: ESA ALEXANDER/SUNDAY TIMES

Deputy finance minister David Masondo says expanding the basket of zero-rated foods will result in lower tax revenue and mean there are less funds for more targeted relief for the poor. 

For more go to BusinessLIVE 


Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.