The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as ...
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SAPeople on MSNBudget Speech 2025: VAT increase triggers public uproarSouth Africans reject the 0.5% VAT hike, as the GNU faces its biggest budget battle yet. The post Budget Speech 2025: VAT ...
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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.
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.
Explore the implications of South Africa's VAT increase and new tax measures aimed at supporting lower-income households ...
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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 ...
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allAfrica.com on MSNBudget: Social grants to increase and VAT goes upThe current inflation rate is 3.2%. The higher-than-inflation social grant increases are intended to help cushion grant ...
Finance Minister Enoch Godongwana reveals plans for VAT increases and essential support measures for low-income households in ...
The announcement of plans to increase the VAT rate to 16% by 2026/27, combined with no inflationary adjustment to income tax brackets, could have a dual effect on cross-border trade. Cross-border ...
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