No image available
/ 23 April 2004

A complete misreading

"Before this year’s Budget, requests were made to Minister of Finance Trevor Manuel for the abolition of value-added tax (VAT) on books — again raising the question of whether the VAT system should be used to meet certain social objectives. The aim is apparently to improve the literacy rate in South Africa." Gerhard Badenhorst explains why scrapping VAT on books won’t work.