With National Treasury announcing the reversal of the contentious 0.5 percentage points VAT hike on Thursday (24 April), ...

The reversal of the planned VAT increase and expansion of zero-rated food items, though easing pressure on consumers, has ...

South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...

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 a pushback from various political parties ...

The South African rand was marginally stronger in early trade on Thursday, after the finance ministry said it was withdrawing ...

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

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

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

Tax experts usually refer to the three Es in taxes – equity, efficiency and ease of administration. A VAT increase, done ...

The UK attracts numerous foreign entrepreneurs who plan to establish business operations within its borders. This is because of its robust legal framework, high international accessibility, and ...