South Africa 6.3.2018 08:30 am

Maimane to lead DA march against VAT increase

DA leader Mmusi Maimane is seen during a press briefing held accross the street from the Union Buildings regarding government score cards, 4 December 2017, Pretoria. Picture: Jacques Nelles

DA leader Mmusi Maimane is seen during a press briefing held accross the street from the Union Buildings regarding government score cards, 4 December 2017, Pretoria. Picture: Jacques Nelles

Maimane said the increase will have a negative impact on the poor and the unemployed.

Democratic Alliance (DA) leader Mmusi Maimane is expected to lead a march in Pretoria to the National Treasury opposing the Value Added Tax (VAT) increase.

Former Finance Minister Malusi Gigaba announced in his Budget speech that VAT will increase from 14% to 15%.

Maimane said the increase will have a negative impact on the poor and the unemployed.

“The increase of VAT, along with a huge increase in fuel levies, will cause an increase in food and transport costs for all South Africans. The ANC cannot make the poor pay for their looting of public money, and we will fight this increase in VAT on behalf of the poor and the unemployed,” Maimane said in a statement.

He will be joined at the march by DA Gauteng provincial leader, John Moodey, and Tshwane Mayor Solly Msimanga.

– African News Agency (ANA)

Gigaba wasn’t being honest about effect of VAT hike – expert

 

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