Share
The Jacaranda FM News team is based in Gauteng – but covers local and international news of the day, providing the latest developments online and on-air. News bulletins run from 5am to 7pm weekdays, and from 7am to 6pm on weekends and public holidays. Tune into Jacaranda FM, or log on to www.jacarandafm.com, for the news you need to know.. now.
…
continue reading
Manage episode 479112883 series 3407343
Content provided by Jacaranda FM. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jacaranda FM or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
National Treasury’s decision to withdraw its proposed VAT hike has left a R78-billion gap in the national budget, forcing Finance Minister Enoch Godongwana to explore new ways to raise revenue and curb government spending.
Treasury had initially planned to increase Value Added Tax (VAT) by 1%, moving it from 15% to 16%, in an effort to boost revenue.
However, the proposal was met with swift public backlash, prompting its reversal on Thursday.
Jacaranda FM news reporter Mmangaliso Khumalo spoke to Leonard Willemse, Director at AJM Tax, for more insight into the developments. Latest news on our website
…
continue reading
Treasury had initially planned to increase Value Added Tax (VAT) by 1%, moving it from 15% to 16%, in an effort to boost revenue.
However, the proposal was met with swift public backlash, prompting its reversal on Thursday.
Jacaranda FM news reporter Mmangaliso Khumalo spoke to Leonard Willemse, Director at AJM Tax, for more insight into the developments. Latest news on our website
150 episodes
))
