Godongwana Opts For Modest Vat Hike And Other Tax Tweaks
Godongwana Opts For Modest Vat Hike And Other Tax Tweaks
No inflationary adjustments are made to personal income tax brackets, rebates and medical tax credits, which will allow government to raise R28bn in additional revenue in 2025/2026 and R14.5bn in 2026/2027