A coalition of civil society organisations has called on parliament to reject the VAT hike set out in finance minister Enoch Godongwana’s budget last week, saying it will hit poor households disproportionately hard.

The budget proposes raising VAT from 15% to 16% over two years, starting with a 0.5 percentage point increase on May 1...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.