Budget postponement opens door for tax alternatives, says IEJ
The Institute for Economic Justice has come up with a list of suggestions to replace a VAT hike in the 2025 budget
24 February 2025 - 14:02
Wealth taxes — including those targeting high-net-worth individuals, along with levies on luxury assets, inheritances and large estates — and corporate tax reform are some of the alternatives the Institute for Economic Justice (IEJ) has suggested to replace a VAT hike in the 2025 budget.
Finance minister Enoch Godongwana’s much-anticipated budget speech, initially scheduled for last Wednesday, was postponed to March 12 after an extended cabinet meeting...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.