News

South Africa's finance minister says he won't resign after VAT U-turn
South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...
Moneyweb1h
Vat vendors in legal darkness
According to Vat experts Charles de Wet from ENSafrica and Gerhard Badenhorst from Cliffe Dekker Hofmeyr, this means that it ...
The South African on MSN20m
SASSA payment dates for May 2025: Could the VAT freeze impact increases?
SASSA has confirmed the April 2025 payment dates amid uncertainty about whether the increases will be withdrawn as the VAT ...
News2415h
Treasury scraps controversial VAT hike – government faces R75bn cuts instead
After a fierce public backlash, the National Treasury has scrapped plans to raise VAT on 1 May. Now, the government of ...
Briefly on MSN8h
Democratic Alliance Celebrates VAT Hike Reversal, Political Parties Maintain It Wasn’t DA Alone
The Democratic Alliance claimed victory for the reversal of the VAT increase, but other political parties are not impressed ...
The Citizen57m
Godongwana gives notice to table new bill to reverse VAT hike
Finance Minister Enoch Godongwana has officially gazetted his intention to table a new bill to reverse the proposed 0.5% VAT ...
News241h
After spending millions to prepare, many SA firms are now scrambling to undo a VAT hike
Some of SA's top legal experts say companies should prepare to reverse implementation of the VAT hike, which was expected on ...
Politicsweb8h
Scrapping of 0.5% VAT increase welcomed - ANC Caucus
The Caucus of the African National Congress (ANC) in Parliament welcomes the announcement by the Minister of Finance to stop ...
The Citizen16h
A R1 billion U-turn: Scrapping the VAT increase leaves no winners, just absolute chaos
The minister of finance announced in a statement loaded on National Treasury’s website at 15 minutes after midnight that the ...