VAT, Africa and smaller hike

VAT hike: The harsh reality for millions of South African households
Finance Minister Godongwana's proposed VAT increases could severely impact 36 million South Africans living in low-income households. Discover how the government plans to protect vulnerable families through expanded zero-rated food items and what this means for daily survival.
South Africa proposes smaller VAT hike in revised budget, disagreements remain
South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at smoothing divisions in the ruling coalition, but uncertainty remained over whether it would get the support in parliament to pass.
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.
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!
South Africa's budget remains stuck as parties reject reduced VAT hike
By Wendell Roelf, Kopano Gumbi and Tannur Anders CAPE TOWN (Reuters) -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.
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 ...
Jacaranda FM1h
VAT increase 'carefully considered' – Mbalula
African National Congress Secretary General Fikile Mbalula says the proposed increase in value-added tax was a carefully ...
EWN26m
ANC says voters won't punish party for VAT hike if it stimulates economy, creates jobs
At a media briefing on Thursday, the ANC has come out in support of the finance minister and the hike, saying it was a ...
ANCYL expresses disappointment over VAT hike and demands tax justice
ANCYL criticises the proposed VAT hike, warning it will disproportionately affect vulnerable communities and calls for urgent ...
The Citizen9h
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.
Fleet News6h
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 ...
EWN4h
ANC says proposed increase on VAT was 'carefully considered'
The party held a media briefing in Johannesburg to reflect on the proposed budget presented by Finance Minister Enoch ...
Jacaranda FM8h
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 ...
East Coast Radio3h
Black Sash slams VAT hike impact on grant recipients
Human rights group Black Sash says the proposed VAT hike places an unfair burden on social grant recipients who are already ...
Budget crisis: Ntshavheni slams DA's 'political ransom' over VAT and Expropriation Act
Minister Khumbudzo Ntshavheni accuses the DA of using VAT increase concerns as a smokescreen to challenge the Expropriation ...