Latest News & Developments
tax hikes
Stronger rand set to ease the blow of fuel taxes for South African motorists
How the fuel tax increase is tempered by a stronger rand, and what it means for South African motorists this June. With court challenges looming, the impact on your wallet could be more significant than expected.
State measures in place to cushion poor amid rising living costs — Ramaphosa
Finance Minister Enoch Godongwana, presented his 2025 national budget, without Value-Added-Tax (VAT) but social grants were increased at a rate higher than inflation.
EFF slams 4% fuel levy hike, warns of economic inequality
The proposed increase — the first since the 2021/22 fiscal year — would raise the fuel levy by 16 cents per litre for petrol and 15 cents for diesel, pushing the rate from R3. 85 to R4. 01 per litre.
Fuel levy hike to hit poor households the most
With the new adjustments in June, the combined cost of the GFL and the Road Accident Fund (RAF) Levy will exceed R6. 00 per litre in some areas—accounting for more than 30% of the total pump price before adding the base fuel cost, distribution margins, and retail mark-ups.
DA won't exit Government of National Unity over VAT controversy, Zille confirms
Helen Zille has confirmed the Democratic Alliance will remain within the Government of National Unity despite opposing the controversial VAT increase.
ANC risks voter backlash over VAT hike ahead of critical 2026 local elections
Political analysts are sounding the alarm that the ANC's proposed VAT increase could alienate their core voter base, just as the party prepares for crucial 2026 local government elections.
Treasury vs households: The fairness of South Africa's proposed VAT increase
South Africa's government proposes a VAT increase to address fiscal challenges, but experts warn it may disproportionately affect the poor and middle class, raising concerns about its impact on consumer spending and economic growth.
Is the VAT hike fair? Treasury vs household in South Africa’s tax debate
South Africa's planned staggered VAT increase from 15% to 16% is drawing criticism from economists and citizens alike, who argue that already-strained households will bear the brunt of the government's latest revenue-generating measure.
Relief for taxpayers after close 2025 Budget Vote
As policymakers convene to turn these discussions into actionable changes, the prospects of a fairer tax framework stand to benefit millions.
The R85,000 'stealth tax' that has hit the average salaried South African in the past 13 years
Could South Africans be facing a financial crisis due to the government's failure to adjust tax brackets for inflation? Discover how the R85,000 'stealth tax' is impacting average salaries.
How South Africa’s proposed 16% VAT rate compares to other countries around the world | Budget 2025
Explore how South Africa's proposed 16% VAT rate stacks up against global standards and what it means for consumers.
ANCYL expresses disappointment over VAT hike and demands tax justice
ANCYL criticises the proposed VAT hike, warning it will disproportionately affect vulnerable communities and calls for urgent tax justice measures.
GNU’s first budget delivers a devastating blow to South Africans
South Africans brace for increased financial strain as the Government of National Unity unveils its first budget, featuring significant tax hikes and fiscal measures that threaten to deepen the economic crisis