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 ANC has defended its stance on maintaining ministerial perks while supporting a VAT increase, arguing that cutting ...

The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as increasing corporate or personal income tax would do more harm than good.

The House of Representatives has retained Value Added Tax, VAT, at 7.5 per cent and rejected a staggered increase to 15 per ...

Budget tabled by Finance Minister, Enoch Godongwana in Parliament on Wednesday, 12 March 2025, saw the 2% VAT increase initially proposed in February 2025 replaced by two consecutive 0,5% increases, ...

For instance, most foods and goods on the shelves at your local grocery store have a VAT charge attached to them. That means that chocolate, frozen meals, alcohol and a host of other products will be ...

South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at ...

The revised approach to VAT increases announced in the delayed Budget speech represents a concession by Treasury while still striving to meet the revenue requirements necessary to offset government ...

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

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

A 0.5 percent point VAT increase may seem like a small adjustment, but even the tiniest hike puts pressure on an already ...

The House of Representatives, on Thursday, approved a new Value Added Tax sharing formula, allocating 55% to states and 35% ...