News Formal

GNU's VAT exemption proposal for essential food receives mixed views - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 28 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

VAT Notizia

GNU

Charles de Wet says there is scope to revise the items in the basket of goods for VAT exemption.

The National Government of Unity ’s proposed plans to expand the basket of essential food items exempt from VAT have attracted mixed views.Some analysts have lauded the move as a pro-poor policy position, while others have criticised the government for assuming what is in the best interest of the poor.

Food items that do not attract value-added tax include brown bread, maize meal, rice, milk, vegetable oil and eggs, etc. “Each household’s budgets are different, each household’s priorities are different, there might be a sick older person living in the household, there might be kids who need to try and find jobs or they need income to get to town, so our view is that the state shouldn’t rush into doing anything, take that approach of the alleviation strategy and consult, ask households directly affected by poverty on a daily basis.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 37. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Rise Mzansi announces participation in GNU - SABC News - Breaking news, special reports, world, business,The party says it has been consulting with various political parties over the last two weeks.
Fonte: SABC News Online - 🏆 32. / 51 Leggi di più »