AllAfrica on MSN21h
Government Proposes VAT Increase Over Two Years
In light of new and persistent spending pressures in health, education, transport and security, government has decided to raise value-added tax (VAT) by 0.5 percentage points in each of the next two ...
htxt1d
Here’s how much VAT is being increased by and when
“To raise the revenue needed, the government proposes to increase the VAT rate by half- apercentage point in 2025/26, and by ...
Devdiscourse1d
Govt to Increase VAT to 16% by 2026/27 to Address Urgent Service Delivery Needs
Minister of Finance Enoch Godongwana confirmed on Wednesday that VAT will rise by 0.5 percentage points in each of the next ...
The Citizen1d
Budget speech: VAT increases by 0.5%, with another 0.5% hike next year
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 ...
Skills Portal1d
Minister Announces VAT Increase During 2025 Budget Speech
After almost a month of uncertainty, the Finance Minister has confirmed an increase in Value Added Tax. This will have ...