Finance Minister Tito Mboweni’s VAT zero-rating juggling game on cake flour has not worked for the poor, who are still reeling under the weight of expensive prices caused by increased consumption tax on non-food items.
According to the research by Pietermaritzburg Economic Justice & Dignity , a civil society body doing consumer research and fighting for economic justice among the low-income households in KwaZulu-Natal, the addition of cake flour to the list for zero-rating resulted in a saving of R2.16 on the food baskets of households living on low incomes.In the research, PEJD found that the total cost of the April 2019 household food basket was R3 076.76.
The body said from April 2019, 19 out of the total of 38 foods in the household food basket are subject to VAT. Explaining its calculation, PEJD programme coordinator Mervyn Abrahams said they included and tracked the cost of 10kg of cake flour, which in March cost R75.82 on supermarket shelves. The same item in April was down by R2.16, or 3%, to R73.66.
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