BUDGET 2025 | Postponed budget floated 2% VAT increase, more foodstuffs to be zero-rated

BUDGET 2025 | Postponed budget floated 2% VAT increase, more foodstuffs to be zero-rated

[Times Live - South Africa] - 19/02/2025
Finance minister Enoch Godongwana has hit consumers in the pocket, raising VAT from 15% to 17%, effective from April 1.
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