South Africans should not expect an increase in VAT to be announced in the Budget speech next week, but a hike is still likely in the works.
JOHANNESBURG (Reuters) -South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of the ruling coalition government. The proposal to ...
The Western Cape High Court has ruled that the Finance Minister does not have control over setting the VAT rate following the ...
The recent Western Cape High Court ruling on VAT has significant implications for South Africa's taxation system, restoring the power of Parliament and ensuring taxpayer representation in fiscal ...
JOHANNESBURG (Reuters) - For South African beverage company owner, Ndumiso Madlala, the impending value-added tax hike could spell trouble for his small-scale business that makes alcoholic ginger beer ...
JOHANNESBURG — The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity government after a pushback from various political parties. Finance ...
(Bloomberg) -- South Africa’s biggest political party plans a 0.75 percentage-point increase in value-added tax in a revised national budget this month, warning it will approach groups outside the ...
WASHINGTON, April 24 (Reuters) - South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a planned value-added tax hike, despite opposition ...
The Western Cape High Court in Cape Town has declared Section 7(4) of the value-added tax (Vat) Act unconstitutional and ...
With the VAT registration threshold set to rise to R2.3 million in April 2026, businesses must carefully consider the implications of deregistering.