INTERVIEW – CapeTalk: Aneria Bouwer discusses the reversal of the VAT increase in South Africa

In a media statement published early this morning (24 April 2025), National Treasury announced the reversal of the VAT rate increase which would have taken effect next Thursday, 1 May 2025. According to Treasury’s statement, the decision to forgo the increase came after extensive consultations with political parties, and careful consideration of the recommendations of the parliamentary committees. Senior tax consultant, Aneria Bouwer, joined CapeTalk’s Clarence Ford to discuss what this means for consumers and VAT vendors, as well as the technical and legal uncertainties as to next steps.