Understand how the VAT increase affects your grocery shopping and discover which essential items remain exempt.

SARS commissioner Edward Kieswetter has accepted the revised revenue estimate presented by Finance Minister Enoch Godongwana.

The DDP shipping covers the import duty and freight, the company importing the goods has not provided their EORI so is the UK agent the IOR and it would be on their C79 ( importer of record ) and thus ...

Most canned vegetables will not by included in the list of zero-rated food products, according to new VAT legislation ...

The House of Representatives has approved a new VAT sharing formula, allocating 55 percent to states and 35 percent to LG councils.

Issue e-commerce tax withholding certificates to Sellers annually and submit data to tax authorities. The tax withholding certificate must contain detailed transaction information, including the ...

In his second term as US president,Donald Trump wants to put "the American worker first"  and has imposed tariffs of 25% on EU imports. Member countries of the European Union, and countries ...

A popular Chinese restaurant chain is offering refunds to more than 4,100 diners after two teens were caught on video ...

A popular restaurant chain in China is offering refunds to more than 4,100 diners after two teens were caught on video urinating into a vat of hotpot broth in a private dining room at one of its ...

A WAR of words has ensued between the major parties in the coalition government of South Africa, with the emotive issue of tax increases this time fuelling the fallout. The differences are the latest ...

Nigeria's parliament passed tax reform bills, aiming to improve revenue collection and streamline tax laws. However, key proposals like VAT increase and revenue allocation were modified. The bills ...

Nigeria's lower house of parliament passed four tax reform bills proposed by President Bola Tinubu on Thursday, marking ...