If it had been left to the Treasury we would have a 17% VAT rate
29 April 2025 - 15:15
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However, if it had been left to the Treasury we would have a 17% VAT rate and a huge waste of public money. Perhaps parliamentary oversight did what it was supposed to — prevent over-reach by the Treasury and thus maintain the balance. Let’s hope.
Eric Milner Via BusinessLIVE
JOIN THE DISCUSSION: Send us an email with your comments to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
LETTER: MPs maintain the balance
If it had been left to the Treasury we would have a 17% VAT rate
Tiisetso Motsoeneng makes some good points against the populist economics so beloved by politicians (“The dangerous gamble of letting MPs over-rule Treasury”, April 29).
However, if it had been left to the Treasury we would have a 17% VAT rate and a huge waste of public money. Perhaps parliamentary oversight did what it was supposed to — prevent over-reach by the Treasury and thus maintain the balance. Let’s hope.
Eric Milner
Via BusinessLIVE
JOIN THE DISCUSSION: Send us an email with your comments to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
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