Cape Town, August 30, 2018 – As consumers continue to feel the pinch of this year’s VAT hike, some retailers are trying to shoulder the burden. Reduced pricing on sanitary products is one such way.
No April fools as SA reacts to VAT increase
Cape Town, 1 April, 2018 – The recent VAT increase will take its toll on low-income households, which often use most of their money on consumable goods.
Unions and NGOs say the planned review of zero-rated goods is necessary to offset the financial burden of the increase.
There are 19 basic food items that are not affected by the VAT increase.
They include brown bread, milk powder, maize meal and vegetable oil.
This list is meant to be a way of reducing the VAT burden on low-income consumers. Watch full story below.
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