I'm starting to wonder if the VAT threshold will be changed after all.
Currently it is at R300 000.00, but it is quite a while since Trevor Manuel's announcement that the threshold will increase to R1 000 000.00. That, of course, was based on certain expectations about the growth of the economy which I think were fairly optimistic.
Even the tax professionals haven't heard any rumblings about an expected implementation date.
Maybe if it is changed, it will only go to R500k.
Any other opinions?