South African finance minister Enoch Godongwana has dropped a planned VAT increase that would have seen value-added tax ...

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

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

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 ...

The Institute for Economic Justice (IEJ) has welcomed the decision to reverse the VAT hike, which it says is a regressive tax ...

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

[WATCH] EFF treasurer general Omphile Maotwe says the government must introduce an "apartheid tax" for people who inherited ...

The Food and Drug Administration  has added nine drug products to the list of essential medicines that are exempted from ...

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 ...

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 ...

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