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Why this is not the time to tax clean cooking
Experts have said all along that the elderly, smokers, and those with pre-existing conditions are most at-risk of Covid-19. FILE PHOTO | NMG
The 2020 Finance Bill goes to Parliament with a range of proposals aimed at addressing the devastating impact of Covid-19 on the economy.
While it is understandable that the Treasury is under immense pressure to raise more funds in response to plummeting economic activity, the reduction in the number of goods and services exempted from VAT risks having regressive impacts.
