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Expect a 2% VAT increase
- Thread starter dontcryforme
- Start date
Who is your good authority?
dontcryforme
Executive Member
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Lets just say I know a high up at SARS
dualmeister
Honorary Master
I have a copy of the Press Release.
dontcryforme
Executive Member
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I love it that people on here are freaking out and late stage speech will have them dying inside...
RedViking
Nord of the South
dualmeister
Honorary Master
I don't need to hear the speech. I have a copy already.
Smiggles
Executive Member
Sharing is caring
RedViking
Nord of the South
SARS gets to decide on the VAT increase?
dontcryforme
Executive Member
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They have the budget in advance
RedViking
Nord of the South
Also old news:
2023
www.vatcalc.com
The Treasury has been reported as proposing a 1% or 2% rise to plug the gap.
2023
South Africa cancels May 2025 VAT rise - vatcalc.com
The South African government on 24 April withdrew the proposed 0.5% VAT rise to 15.5% due to go ahead on 1 May 2025. The rise was contained within the
www.vatcalc.com
The Treasury has been reported as proposing a 1% or 2% rise to plug the gap.
dualmeister
Honorary Master
RedViking
Nord of the South
Oh, just like my TAX return! And yet I see no return!
RedViking
Nord of the South
Fake! That is double ply. Government only use single ply.
dualmeister
Honorary Master
Ag it's just an extra R20K when you buy your new BMW.
dualmeister
Honorary Master
It's from Ramaposers private stash.
Only the best for the big chief.
RedViking
Nord of the South
BMW is on the essential list that is VAT exempt
RedViking
Nord of the South
@Benedict A55h0le not told me that the DA will protect us.
South Africans will not tolerate any VAT hike
Current narrative suggests that the Minister of Finance, Enoch Godongwana, is considering hiking the VAT rate in an attempt to plug expected revenue gaps resulting from lower than projected economic growth. Speculation emerged after high-level discussions last month between the Minister of...
www.da.org.za
Supervan II
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Antie Lettie van die Kaap.
