💨 Abstract

The Western Cape High Court has suspended South Africa's planned VAT increase, scheduled for May 2025, pending the formal passing of legislation regulating the VAT rate. The ruling was in response to a case brought by the Democratic Alliance (DA), a member of the Government of National Unity, which opposed the VAT hike throughout the parliamentary process.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖