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How the ignorance and lack of knowledge of VAT vendors are affecting the poor, and everyone else

With the increase in the VAT rate from 14% to 15% on 1 April 2018 came great concern regarding the impact thereof on low-income households. The argument is that VAT is a regressive tax and that by increasing the VAT rate the poor are hit even harder than before. Although higher-income households pay more VAT in Rand value with a rate increase, they are still better off than the low-income households as the proportion of their income spent on VAT is less than that of the low-income households...

Anculien Schoeman