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How is the Value Added Tax (VAT) going to affect your budget?

African Reporter took to the streets to hear views from our readers about the 1% increase in the Value Added Tax (VAT).

Swazi Mbele: ” It is selfish of the government to decide to increase VAT without considering how it will affect an ordinary person in the street”. 

 

Kenny Kgaswane: “The increased VAT is too much and the president must come up with ways to re-adjust it to suit the poor.”

 

Hazert Hlophe: “We are hoping that VAT will be re-adjusted as the year progresses so that we can all be able to afford the basics.”

 

Refiloe Mgcina: “We were struggling to afford basic food but now it is going to be worse now that the prices are going to be increased.”

 

Caswel Gxowa: “The VAT is going to put a dent in our budget and we are pleading to the minister of finance to review it.”

At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!

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