Finance Minister for South Africa don announce di cancellation of di proposed VAT, in a statement dated 24 April 2025.

The South African rand gained slightly on Thursday after the finance ministry said it was withdrawing a contentious increase ...

The South African rand strengthened in early trade on Thursday after the finance ministry said it was withdrawing a ...

The South African rand was marginally stronger in early trade on Thursday, after the finance ministry said it was withdrawing ...

South Africa will not increase its value-added tax (VAT) from May 1 as announced in the 2025 budget, the finance ministry ...

South Africa's finance ministry has scrapped a proposed increase in VAT that threatened the stability of its 10-party unity ...

The planned VAT hike had been challenged in court. Godongwana had argued in court papers that failure to raise the VAT would ...

Keeping value added tax (VAT) at 15% will benefit consumers and farmers. The National Treasury announced on the morning of 24 ...

After fierce public backlash, the National Treasury has scrapped plans to raise VAT on 1 May. Now, the Government of National ...

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...

Key topicsVAT to stay at 15% from 1 May 2025, cancelling planned hikeR75 bn revenue gap prompts withdrawal of budget bills ...

Tax experts usually refer to the three Es in taxes – equity, efficiency and ease of administration. A VAT increase, done ...