VAT Increase, a solution or just a short-term fix to a long-term crisis?
The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as ...
What Happens When You Fail To Charge Or Overcharge VAT?
This article explores common VAT misconceptions, clarifies the applicable rules, and provides practical guidance on how ...
IT-Online7h
How VAT will influence business considerations ahead of May 2025
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, ...
The Mail & Guardian2h
Godongwana defends his VAT hike to parliamentary committees
Finance Minister Enoch Godognwana on Friday defended the budget he tabled this week providing for a one percentage point VAT ...
Godongwana defends Budget amid health crisis and VAT controversy
Finance Minister Enoch Godongwana robustly defends the national budget in Parliament, addressing concerns over healthcare ...
Devdiscourse1d
Govt to Increase VAT to 16% by 2026/27 to Address Urgent Service Delivery Needs
Minister of Finance Enoch Godongwana confirmed on Wednesday that VAT will rise by 0.5 percentage points in each of the next ...
News246d
Could we still see a hike in VAT when the budget is tabled?
South Africans may still face an increase in VAT when the revised budget is tabled in March unless the government’s proposed ...
The South African on MSN1d
How a 0.5 percent point VAT increase will squeeze South Africans
A 0.5 percent point VAT increase may seem like a small adjustment, but even the tiniest hike puts pressure on an already ...
Consilium3d
Taxation: Council adopts VAT in the digital age package
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 ...
IT-Online2d
VAT increase could impact cross-border trade
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 ...
Business Matters1d
Taxi firms crowdfund final legal push against Uber over VAT on fares
Two British taxi firms are crowdfunding to fight Uber over VAT on rides. The Supreme Court case could add 20% to fares ...
This is how the VAT increase will impact your transport, food and electricity bills
The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...