News24 | Consequence of not reversing VAT hike 'too severe for ANC to contemplate', says ActionSA

News24 | Consequence of not reversing VAT hike 'too severe for ANC to contemplate', says ActionSA

As political parties in the National Assembly scramble to reverse the 0.5 percentage-point VAT hike, Herman Mashaba's ActionSA has requested a second meeting with the ANC to gain "clarity" on legal pathways to do so.

IRR to DA, FF+, ACDP: Opposing VAT hike important, but scrapping tax-funded BEE premiums vital

The IRR will this week be writing to the leaders of the Democratic Alliance (DA), Freedom Front Plus (FF+), and the African Christian Democratic Party (ACDP), to set out why scrapping BEE premiums in public procurement policies could create the fiscal headroom not only to avoid the controversial Value-Added Tax (VAT) increase, but in fact to lower VAT to 11,5%.