First Take SA

DA accuses ActionSA of working with the ANC on the 1% VAT increase


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The Democratic Alliance (DA) has accused ActionSA of working with ANC to push through a 1% VAT increase over the next two years.  ActionSA, however, has refuted this, asserting that the ANC has instead backed their 2025 Budget amendments, which block a proposed 0.5% VAT rise and secure income tax relief by addressing "bracket creep". Yesterday, Parliament's Standing Committee on Finance adopted its report on the fiscal framework, tabled earlier this month by Finance Minister Enoch Godongwana. This framework originally proposed a 0.5 percentage point VAT increase over two financial years. Elvis Presslin spoke to Karabo Khakhau, DA National Spokesperson

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