South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...

The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...

The party of South Africa's President Cyril Ramaphosa has reversed a controversial proposed value-added-tax (VAT) rise that had threatened the country's coalition government.

Kyle Mandy, tax partner at PwC, says that Section 7 (4) of the Vat Act operates as the law stands now because the minister ...

Reversal of VAT increases a hard-won victory for the working class, a call against austerity ...

South Africa's finance ministry has scrapped a proposed increase in VAT that threatened the stability of its 10-party unity ...

Finance Minister Enoch Godongwana will be joined by the South African Reserve Bank governor - Lesetja Kganyago.

Keeping value added tax (VAT) at 15% will benefit consumers and farmers. The National Treasury announced on the morning of 24 ...

Conclusion: Dealers registered under Value Added Tax Act (VAT Act), 2008 were duty bound to reverse or debit the input tax credit as prescribed under Section 13(6) of the VAT after the discontinuation ...

The European Union won’t negotiate changes to its value-added taxes or agricultural subsidies as part of trade discussions with the U.S., the bloc’s economy commissioner said early Wednesday. “We do ...

South Africa has abandoned plans to increase value-added tax from May 1, the finance ministry said on Thursday, after the ...