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VAT, South Africa

South Africa's budget remains stuck as parties reject reduced VAT hike

A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political parties, even though a proposed increase in value-added tax was sharply reduced.

IOL on MSN · 17h

VAT hike: The harsh reality for millions of South African households

Finance Minister Godongwana's proposed VAT increases could severely impact 36 million South Africans living in low-income households. Discover how the government plans to protect vulnerable families through expanded zero-rated food items and what this means for daily survival.

WION on MSN · 17h

South Africa proposes smaller VAT hike to end budget impasse

South Africa’s finance minister proposed scaling back tax increases and curbing spending in a bid to resolve a standoff over the budget in the nation’s fractious governing alliance. Watch this report for more details!

Reuters on MSN · 1d

South Africa proposes smaller VAT hike in revised budget, disagreements remain

South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at smoothing divisions in the ruling coalition, but uncertainty remained over whether it would get the support in parliament to pass.

2don MSN

EU Tax Chief Disputes Trump’s Claim That VAT Is a Trade Barrier

The European Union’s tax chief said that the bloc’s use of value-added taxes shouldn’t be part of the trade tensions with the ...

The Citizen20h

VAT increase ‘a painful blow’ to millions

While government defends the VAT increase, critics say it will hurt the poor, worsen debt, and strain the healthcare system.

Legit.ng on MSN10h

Lawmakers Approve Tax Reform Bill, modify VAT charge, sharing formula

The lawmakers considered the recommendations clause-by-clause, after the committee chairman James Falake moved the motion.

Jacaranda FM12h

VAT increase 'carefully considered' – Mbalula

African National Congress Secretary General Fikile Mbalula says the proposed increase in value-added tax was a carefully ...

The Citizen12h

Budget 2025 VAT exemptions show Treasury’s disconnect with poor people

Many people buy offal to eat because they cannot afford better cuts of meat. Budget 2025 just emphasises the inequality in ...

14hon MSN

ANCYL expresses disappointment over VAT hike and demands tax justice

ANCYL criticises the proposed VAT hike, warning it will disproportionately affect vulnerable communities and calls for urgent ...

EWN22h

National Treasury: Reducing VAT increase means govt will have less money for rainy days

Finance Minister Enoch Godongwana raised VAT to 0,5 % in this financial year - and says he plans to hike it by the same ...

Fleet News13h

Government urged to halve VAT on new electric vehicles

SMMT argues the move would convert ‘electric sceptics’ and boost plug-in registrations by 15%, helping manufacturers achieve ...

Business Matters14h

Taxi firms crowdfund final legal push against Uber over VAT on fares

Two British taxi firms are crowdfunding to fight Uber over VAT on rides. The Supreme Court case could add 20% to fares ...

The Island2h

MP Nalin Bandara opposes VAT on eggs

SJB Kurunegala District MP Nalin Bandara Jayamaha has called on the government to remove the VAT imposed on eggs. Speaking during the third reading debate on the 2025 budget, under the expenditure ...

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VAT, South Africa

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