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

Budget tabled by Finance Minister, Enoch Godongwana in Parliament on Wednesday, 12 March 2025, saw the 2% VAT increase initially proposed in February 2025 replaced by two consecutive 0,5% increases, ...

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

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

The Council has today given its final green light on a set of laws to make the EU’s value added tax (VAT) rules fit for the ...

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

South Africans may still face an increase in VAT when the revised budget is tabled in March unless the government’s proposed ...

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 ...

Gender-based violence shelters across South Africa have warned that a two percentage point increase in value-added tax could ...

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