South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at ...

“To raise the revenue needed, the government proposes to increase the VAT rate by half- apercentage point in 2025/26, and by ...

The European Union’s tax chief said that the bloc’s use of value-added taxes shouldn’t be part of the trade tensions with the ...

Finance Minister Enoch Godongwana tabled his delayed Budget on Wednesday that included lower, yet still controversial, ...

Godongwana's new proposal will raise the VAT rate to 15.5 percent and add 28 billion rand to the fiscus in this financial ...

As Finance Minister Enoch Godongwana announced a 100-basis-point increase in South Africa’s Value-Added Tax (VAT) over two ...

Finance Minister Enoch Godongwana has delivered a balanced but contentious 2025/26 budget by introducing a ...

MKP's Luther Lebelo launches scathing attack on South Africa's major banks over alleged discriminatory practices and ...

In light of new and persistent spending pressures in health, education, transport and security, government has decided to ...

Finance Minister Enoch Godongwana reveals plans for VAT increases and essential support measures for low-income households in ...

A hike of half a percentage point will be implemented from 1 April, followed by another in the next financial year, which ...

Finance Minister Enoch Godongwana has announced a VAT increase, which he says will be split over two years. "To raise the ...