Red meat industry triumphs with 0% VAT application

Red meat industry triumphs with 0% VAT application

Poverty, unemployment, and poor living conditions are part and parcel of many South Africans’ daily existence, which is the reason for a list of basic food items taxed at a zero value-added tax (VAT) rate. During the recent budget speech a hike in the country’s VAT rate was announced. In a bid to mitigate the […] The post Red meat industry triumphs with 0% VAT application appeared first on AgriOrbit.