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VAT, South Africa

Reuters on MSN · 1d

South Africa abandons planned VAT hike after pushback

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of the ruling coalition government. The proposal to raise VAT by 1 percentage point over two years,

Devdiscourse · 11h

South Africa Withdraws 0.5% VAT Increase: SARS Issues Guidance for Vendors

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into preparing for the anticipated VAT change.

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.

CCE Online News13h

South Africa’s VAT Reversal: What It Means for the Construction Sector and the Economy

For the construction industry, this development is more than just a fiscal policy change — it could have far-reaching ...

1don MSN

South Africa scraps proposed tax increase after pushback from coalition partners and opposition

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

Briefly on MSN13h

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 ...

The South African on MSN7h

VAT’s happening? Nando’s pokes fun at tax turnaround

VAT in the world? Nando's has weighed into government's last-minute tax turnaround following a clash within the ...

The Africa Report20h

South Africa’s budget impasse is over, but coalition disputes remain

South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...

9d

South Africa’s Godongwana Sees No Alternative to VAT Hike

South African Finance Minister Enoch Godongwana sees no alternative to a tax increase at the heart of a budget impasse that ...

1don MSN

South Africa withdraws planned VAT hike after political pushback

South Africa has abandoned plans to increase value-added tax from May 1, the finance ministry said on Thursday, after the ...

15hon MSN

SARS Confirms: VAT hike is dead - but the fallout is just beginning

SARS has announced the cancellation of the planned VAT increase, following Finance Minister Enoch Godongwana's decision to ...

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