- BOSA Leader Mmusi Maimane opposes VAT increase as Chair of Parliament’s Appropriations Committee
- BOSA launched a nationwide petition against the proposed VAT increase
- Thousands of South Africans signed the petition against the VAT hike
- The GNU’s budget is seen as harmful to working families
- VAT is set to rise to 16 percent by next year
- Personal income tax brackets are not adjusted for inflation
- Medical tax credits remain unchanged despite rising healthcare costs
- Maimane emphasizes the negative impact on South Africans’ finances
- The decision will be reviewed by parliamentary committees
- Maimane aims to ensure public voices are heard in the budget process
- BOSA urges rejection of the budget and calls for cutting wasteful spending and reducing government size
Source: bosa.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.
