South African Finance Minister Enoch Godongwana said he sees no reason to resign following his U-turn on a proposed tax ...

The African National Congress (ANC), alongside some of its Government of National Unity (GNU) partners, and a few opposition parties, held a joint media briefing in Sandton following the withdrawal of ...

Scrapping the VAT increase will slightly affect inflation, but government will have to find the money elsewhere to balance the budget.

Godongwana has announced that the National Treasury would no longer be implementing the controversial 0. 5 percentage points ...

No business enjoys paying taxes. The knock to a company’s bottom line, as well as the costs of compliance with a sprawling ...

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

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

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

South Africa will not raise its VAT as stated in the 2025 budget due to political opposition. The decision means an estimated ...

JOHANNESBURG (Reuters) -South Africa will not increase its value-added tax (VAT) from May 1 as announced in the 2025 budget, ...

EPPO targets a criminal network accused of using shell companies and fake invoices to dodge VAT and launder millions through ...

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 ...