With the new finance minister set to deliver the medium-term budget policy statement later this month, tax experts have warned of a likely increase in VAT in the coming year. Former SA Reserve Bank governor Tito Mboweni was sworn in as finance minister this week, following the resignation of Nhlanhla Nene. Bernard Sacks of Mazars,..
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Consumers are warned of second increase in VAT to make up for shortfalls that were stolen by ANC-politicians
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Budget increase for Zulu King is milking South-African’s dry
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King Goodwill Zwelithini is getting more money. KwaZulu-Natal Premier Willies Mchunu announced during his budget vote for the 2018/19 financial year in the provincial legislature in Pietermaritzburg on Thursday that the Zulu monarch’s annual budget has been increased by R7-million‚ from R58.8-million last year to R65.8-million this year.
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