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News24 Business | No VAT hike, no bracket creep: ANC backs ActionSA's Budget proposal

Summary by News24
The ANC supports an ActionSA proposal to amend the Budget by removing the 0.5-percentage-point increase in VAT and giving personal income tax payers full relief for inflation.

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Civil society group warns against VAT increase

Pietermaritzburg Economic Justice & Dignity Group joins ranks of those opposed to hike in tax

·Johannesburg, South Africa
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News24 Business | No VAT hike, no bracket creep: ANC backs ActionSA's Budget proposal

The ANC supports an ActionSA proposal to amend the Budget by removing the 0.5-percentage-point increase in VAT and giving personal income tax payers full relief for inflation.

·South Africa
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Pondoland Times | Local People, Local StoriesPondoland Times | Local People, Local Stories

Budget Battle: Political Storm Brews Over Fiscal Framework as VAT Hike Dropped

South Africa’s 2025 fiscal framework has become a flashpoint for intense political disagreement following the government’s decision to scrap a proposed VAT increase and the contested adoption of the budget report in Parliament. The African National Congress (ANC), which currently governs with a minority in the National Assembly, secured support for the framework by forming

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smilefm.co.zasmilefm.co.za

ActionSA claims victory in getting VAT hike scrapped

ActionSA has announced a significant victory in the ongoing discussions surrounding South Africa’s fiscal policy. The party successfully moved a recommendation in the Finance Committee’s report that has resulted in the cancellation of the proposed 0.5 percentage point increase in Value-Added Tax (VAT) for the 2025/26 financial year. The move also addresses concerns over income tax bracket creep.   According to ActionSA’s parliamentary leader, At…

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News24 broke the news in South Africa on Tuesday, April 1, 2025.
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