VAT at 16% gives us an extra R40 billion. Keep in mind; Pravin is only looking for R28 billion.— Osman Mollagee
At some point it becomes counterproductive to extract more…— Osman Mollagee
The Money Show’s Bruce Whitfield interviewed PWC Tax Technical Partner Osman Mollagee.
Mollagee discussed Finance Minister Pravin Gordhan’s Mid-Term Budget Policy Statement.
He reckons a hike in VAT, though politically distasteful, must be considered.
Listen to the analysis in the audio below.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Pavlo Phitidis, founder of Aurik Business Accelerator.
The Money Show’s Bruce Whitfield interviews Darryn Faulds, a fund manager at Grovest Group.
Revenue collections are surprisingly good, so far, thanks to the VAT hike. Bruce Whitfield interviews PwC's Kyle Mandy.
Times are tough. Don’t spare her feelings! You must ask these questions of your advisor, implores Galileo Capital's Warren Ingram.
Testimonies at the Sars Inquiry has many South African taxpayers panicked. Bruce Whitfield interviews Sars' Mark Kingon.
“However,” says Dr Iraj Abedian, “no Finance Minister can make the budget work if other Ministers don’t play along…”
Malema has accused the rogue unit of still being operational and Pravin Gordhan of working in the background against the EFF.
Callers on The Eusebius McKaiser Show with Sizwe Mpofu-Walsh discuss the Omotoso Trial.
James Grant says he thinks that it may be time to re-look how the law works in terms of dealing with rape victims.
Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.
Deputy Editor at Financial Mail, Sikhonathi Mantshantsha, seems to be finding excuses as to why its leaders are in trouble.
Discussions between Sanral, and the Ministers of Finance and Transport have apparently reached an advanced stage.
Eyewitness News reporter Clement Manyathela gives a summary of what came out of the EFF presser.