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The ANC says the VAT increase will be offset by higher social grants and an expanded list of zero-rated essential foods to shield lower-income households. Finance Minister Enoch Godongwana yesterday tabled the revised 2025/2026 budget after the initial proposal was rejected due to its suggested 16% VAT hike. The new VAT increase will be implemented in two phases: 0.5% from May 1, 2025, and another 0.5% from April 1, 2026. But the VAT increase has been met with fierce opposition from political parties and ordinary South Africans. Elvis Presslin spoke to ANC Chief Whip, Mdumiseni Ntuli
By SAfmThe ANC says the VAT increase will be offset by higher social grants and an expanded list of zero-rated essential foods to shield lower-income households. Finance Minister Enoch Godongwana yesterday tabled the revised 2025/2026 budget after the initial proposal was rejected due to its suggested 16% VAT hike. The new VAT increase will be implemented in two phases: 0.5% from May 1, 2025, and another 0.5% from April 1, 2026. But the VAT increase has been met with fierce opposition from political parties and ordinary South Africans. Elvis Presslin spoke to ANC Chief Whip, Mdumiseni Ntuli

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