File: The Constitutional Review Committee is scheduled to adopt its final draft report today.
JOHANNESBURG – The National Treasury released a report into zero-rated VAT items.
Minister of Finance on Friday, Nhlanhla Nene released the report by the Independent Panel.
The panel recommends that sanitary products, school uniforms, nappies and white bread, including bread flour and cake flour be added to the zero-rated items list.
The review is open for public comment until the end of the month.
Nene appointed the panel after the budget, which saw the VAT rate increase from 14 to 15 percent.
- All public comments must be submitted in writing, by no later than the close of business on 31 August 2018, to [email protected]