Value added tax (vat)
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Value Added Tax (VAT) is charged at 14% on most goods and services supplied in South Africa, though some items are zero-rated or exempt. Zero-rated essential items include foods like brown bread, rice, milk and eggs to avoid hardship. VAT-exempt items are those not subject to VAT by law, such as interest, exports and childcare. VAT is levied on goods bought by individuals and businesses not in the exempt or zero-rated categories.
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The recent surge in pro-Palestine student activism has prompted significant responses from universities, ranging from negotiations and divestment commitments to increased transparency about investments in companies supporting the war on Gaza. This activism has led to the cessation of student encampments but also highlighted the substantial sacrifices made by students, including academic disruptions and personal risks. The primary drivers of these protests are poor university administration, lack of transparency, and inadequate communication between officials and students. This study examines the profound emotional, psychological, and professional impacts on students engaged in pro-Palestine protests, focusing on Generation Z's (Gen-Z) activism dynamics. This paper explores the significant sacrifices made by these students and even the professors supporting the pro-Palestine movement, with a focus on recent global movements. Through an in-depth analysis of printed and electronic media, the study examines the impacts of these sacrifices on the academic and personal lives of those involved. The paper highlights examples from various universities, demonstrating student activism's long-term and short-term effects, including disciplinary actions, social backlash, and career implications. The researchers also explore the broader implications of student sacrifices. The findings reveal that these sacrifices are driven by a profound commitment to justice and human rights, and are influenced by the increasing availability of information, peer interactions, and personal convictions. The study also discusses the broader implications of this activism, comparing it to historical precedents and assessing its potential to influence policy and public opinion. The emotional and psychological toll on student activists is significant, but their sense of purpose and community support mitigates some of these challenges. However, the researchers call for acknowledging the broader Impact of these sacrifices on the future global movement of FreePalestine.
Andreas Schleicher presents PISA 2022 Volume III - Creative Thinking - 18 Jun...
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What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
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Andreas Schleicher presents PISA 2022 Volume III - Creative Thinking - 18 Jun...
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Value added tax (vat)
- 2. • Value Added Tax is charged on the supply of goods or services by vendor (i.e supplier ). It is levied at the standard rate of 14%, but certain supplies are subject to a rate of zero or are exempt from this tax.
- 3. Types of VAT • Zero-rated items • VAT exempted items • VAT- able items • Current VAT rate
- 4. Zero-rated items • Zero-rated items comprise goods or services that normally would be subjected to VAT, but which because of the nature of these goods, it would cause hardship to indigent consumers if 14% were to be levied. • These items are brown bread, maize products, rice, lentils , dried beans, legumes, fruit, vegetables, milk, milk powders and blends, cooking oil, eggs canned pilchards.
- 5. VAT exempted items • VAT-exempted goods and services are those items that, by law, are not subject to VAT. • Examples are: interest rates, export srvices, childcare services and services provided by associations not for gain.
- 6. VAT-able items • Tax levied by the government on goods bought by individuals or business • Examples chocolate, chips and junk food