News

TimesLIVE19m
GNU parties fuming after DA claims victory over VAT hike reversal
The DA claiming victory over the national treasury’s withdrawal of the VAT hike has pitted it against the majority of its ...
The Citizen7h
A R1 billion U-turn: Scrapping the VAT increase leaves no winners, just absolute chaos
The minister of finance announced in a statement loaded on National Treasury’s website at 15 minutes after midnight that the ...
Polity.org.za10h
DA celebrates VAT hike reversal, questions Godongwana’s decision
The Democratic Alliance (DA) on Thursday expressed jubilation at Finance Minister Enoch Godongwana’s reversal of the ...
Politicsweb4h
VAT to stay at 15% - Enoch Godongwana
The Minister of Finance will shortly introduce the Rates and Monetary Amounts and the Amendment of Revenue Laws Bill (Rates ...
TimesLIVE48m
IEJ welcomes government's decision to reverse 'regressive' VAT hike
The Institute for Economic Justice (IEJ) has welcomed the decision to reverse the VAT hike, which it says is a regressive tax ...
EWN8h
Political parties claim withdrawal of VAT hike not due to DA, EFF court challenge
Despite being a GNU partner, the DA took its bid to reject the 0.5 percentage point VAT hike to the Western Cape High Court – ...
South African rand marginally stronger after VAT hike withdrawn
The South African rand was marginally stronger in early trade on Thursday, after the finance ministry said it was withdrawing ...
Moneyweb8h
Godongwana’s Vat rewind may hit legal wall
Kyle Mandy, tax partner at PwC, says that Section 7 (4) of the Vat Act operates as the law stands now because the minister ...
The South African on MSN9h
VAT Freeze: What it means for the price of basic goods in SA
South Africa's finance minister has officially withdrawn the proposed 0.5% increase in VAT. What does this mean for basic ...