The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...

Country Senior Partner at PWC Ghana, Vish Ashiagbor, has stressed the need for a careful and strategic approach to ...

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 ...

JOHANNESBURG - Finance Minister, Enoch Godongwana, has proposed gradually increasing South Africa's VAT rate from 15% to 16% over the next two years. This move aims to stabilise the country's finances ...

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

The uMkhonto weSizwe Party (MKP) on Friday termed the proposed value added tax (VAT) increase a “declaration of war” against ...

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 ...

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

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

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, ...

Minister of Finance Enoch Godongwana announced that Treasury would be increasing VAT by one percentage point over the next ...