GNU to add more tax exempted food items
OPENING OF PARLIAMENT
As South Africa grapples with high poverty levels and the cost of living, the Government of National Unity (GNU) will look to expand the range of essential food items exempted from value-added tax (VAT).
President Cyril Ramaphosa announced that the GNU will undertake a comprehensive review of administered prices, including the fuel price formula, to identify areas where prices can be reduced.
