The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as ...
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 ...
Finance Minister Enoch Godongwana robustly defends the national budget in Parliament, addressing concerns over healthcare ...
Minister of Finance Enoch Godongwana confirmed on Wednesday that VAT will rise by 0.5 percentage points in each of the next ...
South Africans may still face an increase in VAT when the revised budget is tabled in March unless the government’s proposed ...
The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...
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 ...
The South African on MSN1d
How a 0.5 percent point VAT increase will squeeze South AfricansA 0.5 percent point VAT increase may seem like a small adjustment, but even the tiniest hike puts pressure on an already ...
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 ...
Two British taxi firms are crowdfunding to fight Uber over VAT on rides. The Supreme Court case could add 20% to fares ...
VAT increases have a disproportionate impact on workers and the poor, more so on the bottom 40 per cent of society in income ...
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