DA claims court case 'pivotal' in Godongwana's VAT reversal, other parties disagree
4 Articles
4 Articles
South Africa slashes planned VAT hike after pushback from Democratic Alliance
South African finance minister Enoch Godongwana has dropped a planned VAT increase that would have seen value-added tax increase by one percentage point over two years after the Democratic Alliance (DA) threatened to quit the coalition.
DA claims court case 'pivotal' in Godongwana's VAT reversal, other parties disagree
In South African political parties' mad scramble to claim credit for the VAT increase reversal, DA federal council chair Helen Zille said their court case to prevent a VAT hike was "pivotal" in Finance Minister Enoch Godongwana's backtracking on raising this tax by 0.5 percentage points.
South Africa: Proposed VAT Increase to Be Reversed
[SAnews.gov.za] National Treasury's proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch Godongwana introduces the Rates and Monetary Amounts and the Amendment of Revenue Laws Bill (Rates Bill) to Parliament.
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