Published on
07:22 GMT
Higher VAT, higher prices: What increase means for consumers
If Parliament passes the 2025/6 budget, the VAT rate will go from 15% to 15.5% on 1 May this year. This means that the price of all but a few goods and services will go up, and buyers will pay 15.5c on every rand in tax instead of 15c. Then, from 1 …
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Food For Mzansi
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