Godongwana given notice to table new bill to reverse 0.5% VAT increase
submitted 8 months ago by Lthabo1999
submitted 8 months ago by Lthabo1999
- Finance Minister Enoch Godongwana wants to reverse the 0.5% VAT increase he announced by introducing a new bill, causing some political parties to express concerns about the budget process starting over.
- The minister's plan to withdraw main money bills and introduce new ones may lead to a reset in the budget framework, with opposition parties questioning how this will impact the budget's alignment with the Money Bills Act.
Advertisement
No comments yet
Be the first to share your opinion!