Ghost Stories #57: VAT strategies, bracket creep and what it means for South Africans
Update: 2025-03-27
Description
With the dust having settled on the Budget Speech and the proposals that parliament will need to vote on, Tertius Troost of Forvis Mazars in South Africa joined me to reflect on the key drivers behind the headlines.
VAT has been the focus area, but is it true that a VAT increase is anti-poor? And is it correct to rebut the "South Africa has a small taxpayer base" argument by pointing out that everyone pays VAT?
What is bracket creep and how does it affect middle-class South Africans?
Perhaps most importantly, what was not said in the Budget Speech?
This podcast is a great way to make sure you are on top of the key drivers behind the fiscal strategy in our country.
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