Budget 2018 – Highlights, Tax Guide, Budget Review and Full Speech

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Finance Minister Gigaba delivers 2018/19 Budget Speech.

  • 1% hike in Value-added tax (VAT) increased by 1% to 15%.
  • Government spending cut over the next three years amounting to R85 billion.
  • Fuel levy increase 52 cents a litre.
  • R57 billion will be spent over the next three years to fund higher education.

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