57 h. ago High Court Nullifies Parliamentary Approval of VAT Hike, Siding with DA and EFF

National Treasury has been dealt another blow in the value-added tax (VAT) increase saga after the Western Cape High Court ordered that parliament’s adoption of the fiscal framework and VAT increase be set aside. The court made the order on Sunday in the Democratic Alliance (DA) and Economic Freedom Fighters’s(EFF) court challenge to have the… Read More »High Court Nullifies Parliamentary Approval of VAT Hike, Siding with DA and EFF The post High Court Nullifies Parliamentary Approval of VAT Hike, Siding with DA and EFF first appeared on iAfrica.

Events

4 d. ago Godongwana Tables Emergency Bill to Cancel VAT Hike, but Legal Questions Remain

Finance Minister Enoch Godongwana has introduced urgent legislation in Parliament to scrap the impending value-added tax (VAT) increase, set to take effect in just six days. However, the move has sparked legal uncertainty over whether it will be sufficient to halt the hike in time. In an unprecedented step, Godongwana has also withdrawn the two… Read More »Godongwana Tables Emergency Bill to Cancel VAT Hike, but Legal Questions Remain The post Godongwana Tables Emergency Bill to Cancel VAT Hike, but Legal Questions Remain first appeared on iAfrica.

Politics

7 d. ago EFF Slams VAT Increase as ‘Unconstitutional’, Joins Legal Bid to Halt Implementation

The Economic Freedom Fighters (EFF) has labelled Parliament’s process to adopt the new fiscal framework and value-added tax (VAT) hike as “farcical” and unconstitutional. The party made its case in the Western Cape High Court on Tuesday, intervening in the Democratic Alliance (DA)’s urgent application seeking to halt the VAT increase, scheduled to take effect… Read More »EFF Slams VAT Increase as ‘Unconstitutional’, Joins Legal Bid to Halt Implementation The post EFF Slams VAT Increase as ‘Unconstitutional’, Joins Legal Bid to Halt Implementation first appeared on iAfrica.

Politics

3 w. ago Maimane Proposes Alternatives to VAT Increase in Budget Discussions with ANC

Build One South Africa (BOSA) leader Mmusi Maimane is optimistic that political parties can reach a “workable solution” regarding the national budget following a scheduled meeting with the African National Congress (ANC). He plans to present alternatives to the proposed 0.5% Value Added Tax (VAT) increase, aiming to generate approximately R120 billion in revenue without… Read More »Maimane Proposes Alternatives to VAT Increase in Budget Discussions with ANC The post Maimane Proposes Alternatives to VAT Increase in Budget Discussions with ANC first appeared on iAfrica.

Politics

3 w. ago ActionSA’s Participation in Government of National Unity Contingent on VAT Hike Reversal

ActionSA leader Herman Mashaba has stated that the party will not consider joining the Government of National Unity (GNU) unless the proposed Value Added Tax (VAT) increase is withdrawn. Despite supporting the African National Congress (ANC) in passing the fiscal framework in Parliament, Mashaba emphasized that addressing the VAT hike and income tax bracket adjustments… Read More »ActionSA’s Participation in Government of National Unity Contingent on VAT Hike Reversal The post ActionSA’s Participation in Government of National Unity Contingent on VAT Hike Reversal first appeared on iAfrica.

Politics

3 w. ago ActionSA Proposes R100 Billion Revenue Plan to Finance Minister Without Raising VAT

ActionSA has submitted a proposal to Finance Minister Enoch Godongwana, outlining strategies to generate R100 billion in additional government revenue without increasing the value-added tax (VAT). The party’s delegation met with the minister’s team on Saturday to discuss these alternative methods. With six seats in Parliament, ActionSA played a pivotal role in the recent approval of… Read More »ActionSA Proposes R100 Billion Revenue Plan to Finance Minister Without Raising VAT The post ActionSA Proposes R100 Billion Revenue Plan to Finance Minister Without Raising VAT first appeared on iAfrica.

Politics

3 w. ago Steenhuisen Reaffirms DA’s Commitment to Government of National Unity Amid Budget Disputes

Democratic Alliance (DA) leader John Steenhuisen has reiterated his party’s dedication to South Africa’s Government of National Unity (GNU), despite recent tensions with the African National Congress (ANC) over the 2025 budget. The DA opposed the proposed 0.5% Value Added Tax (VAT) increase, leading to a strain in relations between the coalition partners. ANC Parliament… Read More »Steenhuisen Reaffirms DA’s Commitment to Government of National Unity Amid Budget Disputes The post Steenhuisen Reaffirms DA’s Commitment to Government of National Unity Amid Budget Disputes first appeared on iAfrica.

Politics

3 w. ago Mbalula Slams DA Over VAT Dispute as ANC Opens Door to ActionSA in GNU

African National Congress (ANC) Secretary-General Fikile Mbalula has accused the Democratic Alliance (DA) of using the controversial 0.5% value-added tax (VAT) increase as a tool for political grandstanding. The VAT proposal has become a major sticking point between the two parties, after the DA refused to support the adoption of the fiscal framework in Parliament… Read More »Mbalula Slams DA Over VAT Dispute as ANC Opens Door to ActionSA in GNU The post Mbalula Slams DA Over VAT Dispute as ANC Opens Door to ActionSA in GNU first appeared on iAfrica.

Politics

3 w. ago South Africa’s VAT Hike Sparks Legal Showdown and Political Uncertainty

The Democratic Alliance (DA) has taken legal action against the South African government’s 2025 budget, challenging the constitutionality of its approval process and seeking to block a proposed value-added tax (VAT) hike. The DA, the second-largest party in the fragile ruling coalition, opposed the fiscal framework passed by Parliament, calling the process procedurally flawed. The… Read More »South Africa’s VAT Hike Sparks Legal Showdown and Political Uncertainty The post South Africa’s VAT Hike Sparks Legal Showdown and Political Uncertainty first appeared on iAfrica.

Politics

3 w. ago GNU Faces Crisis As Presidency Questions DA’s Commitment Following Budget Opposition

The Government of National Unity (GNU) in South Africa is experiencing significant strain after the Democratic Alliance (DA) opposed the recently proposed national budget, leading to questions about the party’s role within the coalition. The DA’s rejection of the budget, primarily due to disagreements over a proposed Value Added Tax (VAT) increase, has intensified existing… Read More »GNU Faces Crisis As Presidency Questions DA’s Commitment Following Budget Opposition The post GNU Faces Crisis As Presidency Questions DA’s Commitment Following Budget Opposition first appeared on iAfrica.

Events

3 w. ago EFF request withdrawal of budget report ahead of parliamentary debate

The Standing Committee on Finance adopted its report on the budget, tabled to the NA last month.

Politics

4 w. ago Finance Committee report recommends VAT, Tax hike alternatives

The committee report will be tabled in the National Assembly on Wednesday.

Politics

4 w. ago ANC Backs ActionSA Move To Halt VAT Increase, Easing Pressure On Taxpayers

The African National Congress (ANC) has endorsed ActionSA’s proposal to scrap the planned 0.5% VAT increase, aiming to provide relief for taxpayers already facing economic strain. ActionSA introduced an amendment to remove both the VAT and income tax increases proposed for the 2025/2026 fiscal year during Tuesday’s parliamentary joint committee on finance debate. ActionSA representative… Read More »ANC Backs ActionSA Move To Halt VAT Increase, Easing Pressure On Taxpayers The post ANC Backs ActionSA Move To Halt VAT Increase, Easing Pressure On Taxpayers first appeared on iAfrica.

Economics