Discussion | Consumers dodge a VAT bullet

JOHANNESBURG - Are South Africans spared an increase for the duration of the GNU administration?

Or is this a temporary reprieve, and there's still a chance of the Finance Minister adjusting VAT in the near-future?

WATCH | Decison on budget and VAT expected soon - Mbalula

The VAT Act empowers the minister to adjust the VAT rate under specific circumstances without requiring direct parliamentary approval. 

Bartho van Tonder of Wilks Attorneys discuss more analysis on the decision to keep vat at 15% with eNCA.