SEN. Loren Legarda filed two bills to lower prices on basic goods and services while expanding value-added tax (VAT) exemptions for essential necessities and medical services.
VAT on basic food products reduced to 1 percent by a Presidential decision Amid increasing prices and people’s decreasing purchasing power, the Value Added Tax on basic food products has been reduced ...
VAT on the average household food basket now totals about R342 a month. That is more than the cost of a 30kg bag of maize meal, one of the main survival staples. South African families are paying more ...
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