National Treasury's proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch ...

Treasury has reversed its decision to increase the Value-Added Tax (VAT) which was due to kick in on the 1st of May.

The Minister of Finance will shortly introduce the Rates and Monetary Amounts and the Amendment of Revenue Laws Bill (Rates ...

The Democratic Alliance (DA) on Thursday expressed jubilation at Finance Minister Enoch Godongwana’s reversal of the ...

South Africa will not raise its VAT as stated in the 2025 budget due to political opposition. The decision means an estimated ...

Republican lawmakers walked out of a committee meeting in Olympia to protest a bill that would close two residential centers ...

Finance Minister Enoch Godongwana has announced the cancellation of the proposed VAT increase, a decision welcomed by ...

The Minister of Finance, Enoch Godongwana, will soon formalise measures to reverse the highly contested and reviled VAT hike ...

The notice published on Thursday, in the government’s official communication channel for announcing new legislation and ...

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

Following intensive consultations among political parties, National Treasury last night (Wednesday) announced the scrapping ...