The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as increasing corporate or personal income tax would do more harm than good.

National budget shows increased infrastructural spend in key property growth hubs against backdrop of disappointing VAT increase.

Two British taxi firms are crowdfunding to fight Uber over VAT on rides. The Supreme Court case could add 20% to fares ...

South Africa's major opposition parties have launched a unified attack against Finance Minister Godongwana's 2025 budget, with the DA, EFF, and FF Plus forming an unprecedented alliance against the ...

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

In his second term as US president,Donald Trump wants to put "the American worker first"  and has imposed tariffs of 25% on EU imports. Member countries of the European Union, and countries ...

The House of Representatives on Thursday considered and adopted the reports of its committee on finance regarding the four ...

If anything, the 2025 Budget Speech adds more pressure on South African SMEs, many of which were already struggling.

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

South African consumers have been struggling with their finances for many years and even high-income consumers battle to make ends meet.

But beyond this, there are precious few ideas for boosting growth quickly and permanently — as is essential if public debt is ...