VAT increment and oda major highlights from South Africa 2025 budget presentation
According to di budget speech presentation by di finance minister, govment go increase VAT by half-a-percentage point for di ...
South Africa's budget remains stuck as parties reject reduced VAT hike
By Wendell Roelf, Kopano Gumbi and Tannur Anders CAPE TOWN (Reuters) -A revised budget presented on Wednesday by South Africa ...
South Africa proposes smaller VAT hike in revised budget, disagreements remain
South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at ...
The Mail & Guardian3h
Budget 2.0: Political parties divided over VAT hike, albeit lower than initial proposal
The Democratic Alliance said the budget would struggle to pass in parliament, given the ANC’s lack of a majority ...
News2411h
VAT hike sparks fury among opposition parties: 'Tax the rich, not the poor!'
Finance Minister Enoch Godongwana announced a VAT increase of 0.5 % this year, which will raise an additional R28 billion in ...
EWN34m
National Treasury: Reducing VAT increase means govt will have less money for rainy days
Finance Minister Enoch Godongwana raised VAT to 0,5 % in this financial year - and says he plans to hike it by the same ...
Jacaranda FM14h
VAT to hit 16% by ‘26, as Godongwana defends hike
Finance Minister Enoch Godongwana has confirmed that South Africans will see a VAT increase as the government moves to raise ...
Budget hangs in the balance as DA opposes VAT increase
The South African government's newly tabled budget faces a critical showdown as the DA has threatened to withdraw its support ...
News242h
Budget's fate hangs in the balance as opposition rejects Godongwana's VAT hike
The stakes have never been higher as Finance Minister Enoch Godongwana's Budget which proposes a 0.5 percentage point VAT ...
EWN16h
Godongwana proposes VAT hike of 0.5 percentage points for 2025 and 2026
Godongwana's new proposal will raise the VAT rate to 15.5 percent and add 28 billion rand to the fiscus in this financial ...
IT-Online13h
VAT increase could impact cross-border trade
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 ...
Budget 2025 | DA threatens to block VAT increase in parliamentary showdown
The Democratic Alliance has thrown down the gauntlet in South Africa's budget crisis, with party leader John Steenhuisen ...