By Karin Strohecker and Colleen Goko WASHINGTON (Reuters) -South African Finance Minister Enoch Godongwana said on Thursday ...

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

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

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

As far as SASSA and the VAT freeze go, can above-inflation increases for 2025 be reversed after just one month?

According to Vat experts Charles de Wet from ENSafrica and Gerhard Badenhorst from Cliffe Dekker Hofmeyr, this means that it ...

With National Treasury announcing the reversal of the contentious 0.5 percentage points VAT hike on Thursday (24 April), ...

The Cape Chamber of Commerce and Industry (CCAI) says the decision not to increase Value Added Tax (VAT) by 0.5 % point is a relief not only for the poor but also for business. VAT will remain at 15%.

Spread This News BBC Enoch Godongwana’s decision came after the second-biggest party, the Democratic Alliance (DA), ...

Finance Minister Enoch Godongwana has officially gazetted his intention to table a new bill to reverse the proposed 0.5% VAT ...

Political parties both within and outside the Government of National Unity (GNU) have welcomed the scrapping of the proposed ...

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