- ActionSA will not join the government of national unity until the VAT hike is removed.
- The party demands the removal of a proposed 0.5 percentage point VAT increase for two years.
- ActionSA supported the ANC’s fiscal framework on the condition that spending cuts are considered to avoid the VAT increase.
- ANC leaders are considering negotiating with ActionSA to join the GNU.
- ActionSA insists on resolving the VAT increase and income tax bracket issues before joining.
- The party is focused on removing VAT increases and has proposed revenue alternatives.
- There is speculation that ActionSA was misled into supporting the ANC’s VAT budget.
- Herman Mashaba stated that if the budget is not amended, ActionSA will withdraw support in future votes.
Source: timeslive.co.za
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "South Africa"
- VAT Treatment of Municipal Supplies to National or Provincial Government in South Africa
- South Africa Proposes VAT Law Amendments to Implement E-Invoicing and Digital Reporting Framework
- Umkhonto Wesizwe Party Protests VAT Increase Ahead of Finance Minister’s Budget Speech in Pretoria
- South Africa’s Move to Mandatory E-Invoicing: Draft Law, Public Consultation, and Future Plans
- Briefing document & Podcast: South Africa’s E-Invoicing and Real-Time Reporting Overhaul
