‘Treasury will not change its position in this regard’
By Linda Ensor - 17 November 2023 - 07:23
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.
Masondo rejects removing VAT on more foods
‘Treasury will not change its position in this regard’
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.
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