The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...
The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as ...
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Tech Financials on MSNGovernment proposes VAT increase over two yearsIn light of new and persistent spending pressures in health, education, transport and security, government has decided to ...
MK Party says the VAT increase is an attack on South Africa’s black poor majority and struggling small businesses.
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Briefly on MSNMK Party seeks support for peaceful protest action against VAT increase, SA divided by party's plansThe uMkhonto weSizwe Party is seeking support from other parties for a joint day of protest against the VAT increase, and the ...
JOHANNESBURG - Finance Minister, Enoch Godongwana, has proposed gradually increasing South Africa's VAT rate from 15% to 16% over the next two years. This move aims to stabilise the country's finances ...
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The South African on MSNHow a 0.5 percent point VAT increase will squeeze South AfricansA 0.5 percent point VAT increase may seem like a small adjustment, but even the tiniest hike puts pressure on an already ...
While government defends the VAT increase, critics say it will hurt the poor, worsen debt, and strain the healthcare system.
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The South African on MSNBREAKING: Budget Speech 2025 sees VAT increase confirmedBudget 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 ...
Explore the implications of South Africa's VAT increase and new tax measures aimed at supporting lower-income households ...
The revised approach to VAT increases announced in the delayed Budget speech represents a concession by Treasury while still striving to meet the revenue requirements necessary to offset government ...
There is a particular way the incoming VAT increase will work in South Africa over the next two years. Here's how.
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