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South Africa Expands VAT Exemptions: Chicken and More Essential Foods Added

  • President Cyril Ramaphosa announced that the GNU will broaden the list of food items exempt from VAT
  • The Democratic Alliance praised the South African Poultry Association for supporting the removal of VAT on chicken
  • The DA launched a petition in 2022 to support the proposal to remove VAT on chicken products
  • The South African Informal Traders Alliance also called for the removal of VAT on chicken products
  • Basic foodstuffs currently zero-rated for VAT in South Africa include items like brown bread, maize meal, and vegetables
  • President Ramaphosa announced that the GNU will look to expand the range of essential food items exempt from VAT, including chicken and peanut butter
  • The GNU will undertake a comprehensive review of administered prices to identify areas for price reduction to alleviate poverty and assist vulnerable populations

Source: sapeople.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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