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 ...

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

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

Minister of Finance Enoch Godongwana confirmed on Wednesday that VAT will rise by 0.5 percentage points in each of the next ...

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

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 ...

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 ...