Expect a 2% VAT increase

[dontcryforme]

So I don't get what's actually happening here, either:
1. The DA knew about the VAT increase before and were unhappy the ANC was pushing it through regardless, ie the GNU is dysfunctional.
2. The DA didn't know and the budget was going to be passed without discussing internally, ie the GNU is dysfunctional.

I can't really see how this is a good thing? Or are we saying that it's a ploy to only push 1% VAT increase? either way the country seems bankrupt... what happens if they don't pass a budget by 1 April?

The DA knew - they played the unions to get more voters next time. They knew the unions would not accept it

 

[dj_jyno]

Is your good authority your local street WhatsApp group?

There is no way that they will increase VAT by 2%, 1% at the most.

 

[dontcryforme]

The DA knew - they played the unions to get more voters next time. They knew the unions would not accept it

I also think SARS was deliberate in making the tax guide public earlier

 

[RedViking]

Yeah I think there is a conspiracy involved here.

 

[hj007]

The DA knew - they played the unions to get more voters next time. They knew the unions would not accept it

Doesn't inspire much confidence that the gov is able to make decisions though and that we're going into a period of instability. Feels like we've just moved Joburg council meetings to the national gov now.

 

[dontcryforme]

Yeah I think there is a conspiracy involved here.

Difference between a conspiracy theory and the truth is just a few months

 

[Scooby_Doo]

Watch the top 3 tax brackets get a bump if VAT is not increased.

Richeees neeeeed to pay moar.

 

[dontcryforme]

@Jan the articles are great - MBB group owes me a very big dinner

 

[dualmeister]

Watch the top 3 tax brackets get a bump if VAT is not increased.

Richeees neeeeed to pay moar.

 

[Scooby_Doo]

View attachment 1797696

45% --> 47%
41% --> 43%
39% --> 41%

 

[TrueSeeker]

FM[...cough-cough] Good job, we already made it configurable by date range on acc-tran for all our client systems the last time.

 

[dontcryforme]

FM[...cough-cough] Good job, we already made it configurable by date range on acc-tran for all our client systems the last time.

Wordpress templates....

 

[dualmeister]

45% --> 47%
41% --> 43%
39% --> 41%

They seem to like their 2%'s

 

[aleksandar]

There is not that many tax payers in those brackets to cover what they want to achieve with 2% vat increase.

 

[dontcryforme]

There is not that many tax payers in those brackets to cover what they want to achieve with 2% vat increase.

And most of the government top arses are in those brackets, so they also wont punish themselves

 

[TrueSeeker]

Wordpress templates....

Talking about systems. Not toys.

 

[Polymathic]

45% --> 47%
41% --> 43%
39% --> 41%

Remember the 1% starts at the 26% tax bracket

 

[Scooby_Doo]

They seem to like their 2%'s

Yeah, I am speculating, but if its not VAT it has to come from somewhere and we all know how much SA hates the "rich".

 

[dontcryforme]

Talking about systems. Not toys.

SARS uses a wordpress template - and this is why I pointed it out and why they are having issues

 

[TrueSeeker]

SARS uses a wordpress template - and this is why I pointed it out and why they are having issues

rofl, that is funny