DA lays out steps to stop VAT increase in Parliament
28 February 2018
The Democratic Alliance (DA) has developed a comprehensive plan that will make use of parliamentary processes at our disposal to ensure that the proposed increases in tax, especially the 1% VAT increase is killed before it sees the light of day.
In the DA’s pre-budget preview presented on the 20th of February 2018, we pointed out that tax increases can be avoided and R112 billion made available through:
- reducing the size of the executive, to about 15 ministries, which could save R13.8 billion over the medium term;
- reducing the number of foreign missions by 69, which could save an estimated R3.9 billion over the medium term;