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South Africa, VAT and Resign

Reuters on MSN · 18h

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 planned value-added tax hike, despite opposition calls for him to quit.

Why did South Africa reverse a VAT increase?

South Africa's finance minister drops plan to increase value-added tax (VAT), in a major climbdown to prevent the collapse of the coalition government. 10,000 illegal settlers reportedly removed from Ghana's largest forest reserve.

Bloomberg L.P. · 22h

South Africa’s Godongwana Says He Won’t Resign Over VAT U-Turn

South African Finance Minister Enoch Godongwana said he sees no reason to resign following his U-turn on a proposed tax increase that threatened to rupture the nation’s coalition government.

Vat rewind: Sars outlines next steps

New tax bill and urgent compliance measures rolled out after abrupt policy shift. Edward Kieswetter, Commissioner of the ...

The South African8h

VAT Freeze: What it means for the price of basic goods in SA

South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this ...

Briefly on MSN5h

'VAT On, VAT Off’: Dricus du Plessis Reacts to Finance Minister’s Reversal With Viral Meme

Dricus du Plessis trolled the Finance Minister’s VAT U-turn with a viral meme, dismissed injury rumours, and teased his next ...

1don MSN

South African rand firms after VAT increase withdrawn

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

Godongwana’s Vat rewind may hit legal wall

National Treasury and Finance Minister Enoch Godongwana’s early morning announcement, made through a media statement, that he ...

SARS urges businesses to revert vending systems to 15% VAT rate

CAPE TOWN – The South African Revenue Service (SARS) is urging businesses to revert their vending systems to the 15% ...

Dhaka Tribune4h

NBR plans to hold VAT officials accountable for unlisted businesses

The National Board of Revenue (NBR) is contemplating the introduction of a system to hold its officers accountable for ...

How much will groceries cost after proposed food VAT decrease?

The government plans to reduce VAT on food by half a percentage point — to 13.5 percent. But consumers will only save money ...

Briefly on MSN1h

Gareth Cliff’s Controversial VAT Remarks Ignite Heated Reactions Across Mzansi

Outspoken South African media personality Gareth Cliff once again sparked an online debate after posting a controversial ...

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