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 ...
The last time the government increased VAT was in 2018 by 1% from 14%. Des Kruger, consultant at Webber Wentzel says that if ...
Fikile Mbalula stated that cutting ministerial perks would not have saved enough to fund the country’s R2.7 trillion budget, ...
JOHANNESBURG - While the Democratic Alliance (DA) has claimed it's rejected the value-added tax (VAT) increase because it ...
Most canned vegetables will not by included in the list of zero-rated food products, according to new VAT legislation ...
Minister of Finance Enoch Godongwana's budget was rejected in February due to a proposed two percentage point increase in value-added tax.
Finance minister Enoch Godongwana will deliver his speech at 14h00. This is where you can watch, and what to expect.
The current inflation rate is 3.2%. The higher-than-inflation social grant increases are intended to help cushion grant ...
Discover how South African experts are reacting to the 2025 Budget Speech, highlighting concerns over VAT increases, youth ...
The Democratic Alliance and Economic Freedom Fighters have both rejected Finance Minister Enoch Godongwana's budget speech, ...