THE VAT WALTZ | A TWO-STEP DANCE FROM 15% TO 16%Written by: Tax A Sured (Pty) Ltd | Posted on: 19-03-2025 | Category: Update Blast | South African Budget Speech VAT RATE INCREASE VAT rate tax fraction 15.5%VAT RATE INCREASE IN SOUTH AFRICA: WHAT YOU NEED TO KNOW In the South African Budget Speech on 12 March 2025, the Minister of Finance announced an increase in the standard ...