sassa zero rated 2023-2024

sassa zero rated 2023-2024

In the context of SASSA (South African Social Security Agency), “zero-rated” refers to certain goods and services that are exempt from value-added tax (VAT). Zero-rated items do not attract any VAT, meaning that consumers do not have to pay the standard VAT rate on those specific goods or services.

For example, basic food items such as bread, rice, vegetables, and fruits are typically zero-rated, meaning they are not subject to VAT. This helps to ensure that essential food items are more affordable for low-income individuals and households.

Zero-rated goods and services can also include items such as educational services, healthcare services, certain agricultural products, and more, depending on the specific regulations and laws governing VAT in South Africa.

It's important to note that zero-rated goods and services are distinct from exempt goods and services. Exempt items are not subject to VAT, but unlike zero-rated items, VAT cannot be claimed back on the inputs used in their production or supply.

If you have specific questions or need further information about the zero-rated items or VAT regulations related to SASSA, it is recommended to reach out to SASSA directly or consult with a tax professional who can provide you with accurate and up-to-date information.

SASSA ( South African Social Security Agency) Contact Information: