- A one-year VAT hike is proposed in a potential budget deal between the ANC and the DA
- The VAT hike could be removed if significant savings are found in a spending review
- Budget negotiations have advanced significantly in the last 48 hours
- The DA has submitted final amendments to the proposals
- The decision is now up to the ANC
Source: businesslive.co.za
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
