South Africans reject the 0.5% VAT hike, as the GNU faces its biggest budget battle yet. The post Budget Speech 2025: VAT ...
With VAT and electricity going up, South Africans will dig deep into their pockets to make end meets in the coming weeks and ...
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 ...
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 ...
The Finance Committees from the National Assembly and NCOP were engaging Finance Minister Enoch Godongwana on Friday about ...
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 ...
The Democratic Alliance and Economic Freedom Fighters have both rejected Finance Minister Enoch Godongwana's budget speech, ...
Finance Minister Enoch Godongwana faces fierce resistance from GNU alliance partners and opposition parties over proposed VAT ...