Supplementary Budget 2020
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Gordhan can get billions more with a VAT hike - economist

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Cape Town - If Finance Minister Pravin Gordhan increases value added tax (VAT) by just 1%, it could result in up to R20bn more for government, according to Arthur Kamp, economist at Sanlam Investments.

However, he speculated that the minister would not announce a VAT hike in the much-anticipated budget address on Wednesday.

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