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

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 ...

After weeks of debate within the ruling coalition, Godongwana decided to increase VAT by 0.5% in the coming financial year ...

In a bid to increase revenue, the government has proposed a phased increase in the value-added tax (VAT) rate, raising it by ...

National Treasury will soften the VAT hike by implementing it over 2 years, bringing the rate to 16% in 2026. Personal income ...

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 ...

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 reveals plans for VAT increases and essential support measures for low-income households in ...

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

The ANC's parliamentary caucus is confident that Finance Minister Enoch Godongwana will deliver a balanced Budget that's ...

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