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South Africa

South Africa Forum/Politics

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MK Party 'not interested' in helping ANC pass a budget that includes VAT hike

ewn.co.za/2025/0...

submitted 12 months ago by Lthabo1999

MK Party 'not interested' in helping ANC pass a budget that includes VAT hike

submitted 12 months ago by Lthabo1999

MK Party 'not interested' in helping ANC pass a budget that includes VAT hike
  • The uMkhonto weSizwe (MK) Party is against any increase in value-added tax (VAT) and has stated that they will not support the passing of a budget that includes such an increase.
  • The party is open to discussions on alternative ways to raise money, such as implementing a wealth tax and a one percentage point increase on corporate tax, instead of raising VAT.
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