How disastrous is the impact of the new VAT rate on a client’s investment?
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How disastrous is the impact of the new VAT rate on a client’s investment?

ByFrancois du Toit, CFP®

Much is being said about the new VAT rate of 15% that will become effective on 1 April 2018 in South Africa. Yes, we are talking about billions of Rands that it will raise, and as a consequence, leave consumers a little poorer, but I was keen to see the impact it will have specifically…