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Watch out for VAT changes in 2018 Budget Speech

By Janice Roberts at New Media
1 February 2018 • 1 min read

Maarten Ackerman, Chief Economist and Advisory Partner, Citadel.

February’s budget speech is expected to hit a slightly more optimistic note as a result of resurgence in business and consumer confidence. But South Africa’s growing debt levels and alarming budget deficit means that consumers should still prepare for the possibility of an increase in the VAT rate, cautions Maarten Ackerman, Chief Economist and Advisory Partner at Citadel. (more…)


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