South Africans reject the 0.5% VAT hike, as the GNU faces its biggest budget battle yet. The post Budget Speech 2025: VAT ...

Budget Speech 2025 sees VAT increase announced . Godongwana has announced that VAT, currently at 15%, will increase by half a percentage point in 2025/26 and another half a percen ...

Value-added-tax (VAT) will increase by 0.5%, with the government needing to cover a R60 billion budget shortfall. Finance Minister Enoch Godongwana said another 0.5% increase will then be introduced ...

JOHANNESBURG - While the Democratic Alliance (DA) has claimed it's rejected the value-added tax (VAT) increase because it ...

South African consumers brace for a significant impact at the checkout as Finance Minister Enoch Godongwana's 2025 Budget ...

The findings of several tax commissions have suggested that zero-rated items are not an adequate way to reduce the impact of ...

The last time the government increased VAT was in 2018 by 1% from 14%. Des Kruger, consultant at Webber Wentzel says that if ...

Discover how South African experts are reacting to the 2025 Budget Speech, highlighting concerns over VAT increases, youth ...

The current inflation rate is 3.2%. The higher-than-inflation social grant increases are intended to help cushion grant ...

Finance minister Enoch Godongwana will deliver his speech at 14h00. This is where you can watch, and what to expect.

The Democratic Alliance said the budget would struggle to pass in parliament, given the ANC’s lack of a majority ...

The Democratic Alliance and Economic Freedom Fighters have both rejected Finance Minister Enoch Godongwana's budget speech, ...