South Africans reject the 0.5% VAT hike, as the GNU faces its biggest budget battle yet. The post Budget Speech 2025: VAT ...
The findings of several tax commissions have suggested that zero-rated items are not an adequate way to reduce the impact of ...
Godongwana, delivering the long-awaited 2025 Budget Speech today, said the VAT rate would increase by half a percentage point ...
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 ...
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 ...
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 ...
JOHANNESBURG - While the Democratic Alliance (DA) has claimed it's rejected the value-added tax (VAT) increase because it ...
Finance minister Enoch Godongwana will deliver his speech at 14h00. This is where you can watch, and what to expect.
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 ...
The Democratic Alliance and Economic Freedom Fighters have both rejected Finance Minister Enoch Godongwana's budget speech, ...