VAT is applied to most goods and services but if you're planning on international travel, there's a good chance you can get a refund on at least some of your VAT payments. What is a value-added ...

This article explores common VAT misconceptions, clarifies the applicable rules, and provides practical guidance on how ...

The 2025 budgets tabled in parliament on 19 February 2025, which were not approved, proposed a 2% base point increase in the ...

Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax ...

European sales in America enjoy a cost reduction, whereas American sales in Europe pay the value added tax. From this ...

National Treasury will soften the VAT hike by implementing it over two years, bringing the rate to 16% in 2026. Personal ...

Finance Minister Enoch Godongwana has proposed a phased VAT increase of 0.5 percentage points in 2025 and 2026, bringing the ...

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 ...