The 2025 Budget Speech, delivered by Finance Minister Enoch Godongwana, has introduced significant fiscal measures aimed at addressing South Africa’s economic challenges. Among the most debated changes is the proposed increase in value-added tax (VAT), which will have far-reaching implications for both households and businesses. Here’s what you need to know about the VAT hike … Continue reading VAT Increase in 2025 Budget: How South African Households and Businesses Will Be Affected