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 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.
Visit americanexpress.com to learn more. The idea of a value-added tax (VAT) is a foreign concept to most Americans. That puts us in the minority, though: VAT, a multi-layered tax applied at each ...
The lawmakers considered the recommendations clause-by-clause, after the committee chairman James Falake moved the motion.
South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at ...
The government aims to implement the VAT reforms by the end of the year, ensuring a more efficient tax system that aligns ...
Finance Minister Godongwana's proposed VAT increases could severely impact 36 million South Africans living in low-income ...
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 ...
While government defends the VAT increase, critics say it will hurt the poor, worsen debt, and strain the healthcare system.
A 0.5 percent point VAT increase may seem like a small adjustment, but even the tiniest hike puts pressure on an already unstable SA economy.
SMMT argues the move would convert ‘electric sceptics’ and boost plug-in registrations by 15%, helping manufacturers achieve ...