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Godongwana defends VAT increase, saying ‘severe consequences’ await if hike is suspended

Godongwana defends VAT increase, saying ‘severe consequences’ await if hike is suspended



<p><img src=”https://biz-file.com/c/2504/771251-240×135.jpg?5″ width=”240″ height=”135″ alt=”Source: GCIS. Finance Minister Enoch Godongwana.” align=”left”><br><span >Source: GCIS. Finance Minister Enoch Godongwana.&lt;/span><p>Should the 0.5 percentage point value-added tax (VAT) increase, announced by Minister of Finance Enoch Godongwana on Wednesday, 12 March, be suspended, Godongwana says the consequences for the country would be “severe and far-reaching”.</p><br> <a href=”https://www.bizcommunity.com/article/godongwana-defends-vat-increase-saying-severe-consequences-await-if-hike-is-suspended-928244a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=257084″>Email</a></p><div style="clear:left"></div>



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