Ntshavheni Says Opposition of DA Not Based on Concerns Over VAT Increase
In a recent statement, Small Business Development Minister, Khumbudzo Ntshavheni, has addressed the opposition of the Democratic Alliance (DA) regarding the proposed increase in Value Added Tax (VAT). She has stated that the opposition of the DA does not stem from genuine concerns over the VAT increase, but rather from political motives.
The proposed increase in VAT from 14% to 15% has been met with criticism from various sectors, including the DA. However, Ntshavheni has pointed out that the DA’s opposition is not based on the actual impact of the VAT increase on the economy or its citizens, but rather on their own political agenda.
Ntshavheni has highlighted that the DA’s claims of the VAT increase being regressive and affecting the poor are baseless and purely political. She has stated that the government has taken measures to ensure that the poor are not adversely affected by the increase, such as expanding the list of zero-rated items and increasing social grants. She also stated that the VAT increase will only affect a small percentage of the population, mainly those in the higher income bracket.
The Small Business Development Minister has also addressed the DA’s concerns over the impact of the VAT increase on small businesses. She has stated that the government has taken into consideration the concerns of small businesses and has implemented measures to assist them, such as the Small Business and Innovation Fund and the Small Enterprise Development Agency. These initiatives aim to provide support and resources for small businesses to thrive and contribute to the economy.
Ntshavheni has also highlighted the positive impact that the VAT increase will have on the economy. She stated that the increase will generate much-needed revenue for the government, which will be used to fund essential services and infrastructure. This, in turn, will create job opportunities and stimulate economic growth.
The Minister has urged the DA to put aside their political motives and work together with the government to find solutions to the challenges facing the country. She has stated that the VAT increase is a necessary measure to strengthen the economy and ensure the sustainability of essential services.
In conclusion, Ntshavheni has made it clear that the opposition of the DA towards the VAT increase is not based on genuine concerns, but rather on their own political agenda. She has assured the public that the government has taken measures to mitigate the impact of the VAT increase on the poor and small businesses. She has also emphasized the positive impact that the increase will have on the economy. It is now up to the DA to put aside their political motives and work together with the government for the betterment of the country. Let us all unite and support the government’s efforts to build a stronger, more prosperous South Africa.
