The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...

The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as ...

South Africans reject the 0.5% VAT hike, as the GNU faces its biggest budget battle yet. The post Budget Speech 2025: VAT ...

JOHANNESBURG - Finance Minister, Enoch Godongwana, has proposed gradually increasing South Africa's VAT rate from 15% to 16% over the next two years. This move aims to stabilise the country's finances ...

While government defends the VAT increase, critics say it will hurt the poor, worsen debt, and strain the healthcare system.

A 0.5 percent point VAT increase may seem like a small adjustment, but even the tiniest hike puts pressure on an already ...

The uMkhonto weSizwe Party (MKP) on Friday termed the proposed value added tax (VAT) increase a “declaration of war” against ...

Finance Minister Enoch Godongwana reveals plans for VAT increases and essential support measures for low-income households in ...

Budget Speech 2025 sees VAT increase announced . Godongwana has announced that VAT, currently at 15%, will increase by half a percentage point in 2025/26 and another half a percen ...

The revised approach to VAT increases announced in the delayed Budget speech represents a concession by Treasury while still striving to meet the revenue requirements necessary to offset government ...

The announcement of plans to increase the VAT rate to 16% by 2026/27, combined with no inflationary adjustment to income tax brackets, could have a dual effect on cross-border trade. Cross-border ...

Minister of Finance Enoch Godongwana announced that Treasury would be increasing VAT by one percentage point over the next ...