VAT increase would do far more harm than good – Chamber welcomes Governments last-minute decision to reconsider its budget priorities
The Cape Chamber welcomes Government’s last-minute decision to reconsider its budget priorities following contestation over a proposed 2% VAT increase. While the postponement is likely to cause market uncertainty, the impact of the 2% hike would have been far worse. We are hopeful that Government will use the delay to reformulate a budget that might […]