Cut VAT on Food: 5 days to go, Minister Godongwana
21 October 2022
All eyes are will be on Minister Godongwana on Wednesday next week, to make meaningful and fundamental cuts to the taxes government collects from food. The rising cost of food is out of control.
This past week I handed a comprehensive memorandum of demands to the Ministry of Finance in Pretoria, demanding that VAT be cut on a much bigger basket of basic foods in the Mid Term Budget speech next Wednesday.
As yet, Minister Godongwana has not acknowledged or responded to these demands.
It is now just 5 days until the Mid Term Budget, and the pressure on Minister Godongwana grows each day as people struggle to put food on the table.