🔴Parliament Faces Pressure to Table New Budget as Court Suspends VAT Increase🔴
Parliament faces pressure to table new budget instruments after the Western Cape High Court suspended the value-added tax (VAT) increase and set aside the 2025 fiscal framework adopted earlier this month. The court ruling, delivered on Sunday, 27 April 2025, followed an out-of-court settlement between Finance Minister Enoch Godongwana, the Economic Freedom Fighters (EFF), and the Democratic Alliance (DA), bringing major political consequences for the Government of National Unity (GNU) and South Africa’s already strained public finances.
Central News South Africa
🔴Parliament Faces Pressure to Table New Budget as Court Suspends VAT Increase🔴
Parliament faces pressure to table new budget instruments after the Western Cape High Court suspended the value-added tax (VAT) increase and set aside the 2025 fiscal framework adopted earlier this month.
The court ruling, delivered on Sunday, 27 April 2025, followed an out-of-court settlement between Finance Minister Enoch Godongwana, the Economic Freedom Fighters (EFF), and the Democratic Alliance (DA), bringing major political consequences for the Government of National Unity (GNU) and South Africa’s already strained public finances.
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