South Africa: Government Proposes VAT Increase Over Two Years

[SAnews.gov.za] In light of new and persistent spending pressures in health, education, transport and security, government has decided to raise value-added tax (VAT) by 0.5 percentage points in each of the next two years, which will bring VAT to 16% in the 2026/27 financial year.

Original URL: Click here to visit original article