VAT, South Africa and Political parties in parliament

South Africa's budget remains stuck as parties reject reduced VAT hike
A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political parties, even though a proposed increase in value-added tax was sharply reduced.The revision was meant to end an impasse between Finance Minister Enoch Godongwana's African National Congress and its biggest coalition partner,
Budget 2025 | SACP slams 'regressive' VAT hike, proposes wealth tax to protect poor South Africans
The South African Communist Party strongly opposes Finance Minister Godongwana's proposed VAT increases, arguing they will disproportionately burden the poor while suggesting alternative measures including a wealth tax on the richest 20% of society.
Budget 2.0: Political parties divided over VAT hike, albeit lower than initial proposal
The Democratic Alliance said the budget would struggle to pass in parliament, given the ANC’s lack of a majority
South African rand weakens as budget disagreements remain
The South African rand fell on Wednesday as disagreements in the ruling coalition persisted despite the finance minister scaling back the size of a contentious tax hike in a revised budget. The budget has been the biggest test so far of South Africa's fractious coalition politics,
South Africa proposes smaller VAT hike to end budget impasse
South Africa’s finance minister proposed scaling back tax increases and curbing spending in a bid to resolve a standoff over the budget in the nation’s fractious governing alliance. Watch this report for more details!
EU Tax Chief Disputes Trump’s Claim That VAT Is a Trade Barrier
The European Union’s tax chief said that the bloc’s use of value-added taxes shouldn’t be part of the trade tensions with the ...
Fleet News4m
Government urged to halve VAT on new electric vehicles
SMMT argues the move would convert ‘electric sceptics’ and boost plug-in registrations by 15%, helping manufacturers achieve ...
The Citizen3h
VAT increase ‘a painful blow’ to millions
While government defends the VAT increase, critics say it will hurt the poor, worsen debt, and strain the healthcare system.
EWN5h
National Treasury: Reducing VAT increase means govt will have less money for rainy days
Finance Minister Enoch Godongwana raised VAT to 0,5 % in this financial year - and says he plans to hike it by the same ...
Sadtu says VAT increase is “ deeply concerning”
The teacher’s union says the increase imposes an additional burden on the majority of South Africans, who are already ...
Jacaranda FM2h
Solidarity, AfriForum slam VAT hike
Trade union Solidarity has described Treasury’s proposal to increase value-added tax by 1% over the next two years as ...
The South African on MSN40m
How a 0.5 percent point VAT increase will squeeze South Africans
A 0.5 percent point VAT increase may seem like a small adjustment, but even the tiniest hike puts pressure on an already unstable SA economy.
Misuse of funds to VAT fraud: The state of combatting fraud across the EU
The European Public Prosecutor's Office had over 2,000 active fraud-related investigations by the end of 2024, with total ...
Jacaranda FM19h
VAT to hit 16% by ‘26, as Godongwana defends hike
Finance Minister Enoch Godongwana has confirmed that South Africans will see a VAT increase as the government moves to raise ...