South Africa will not increase its value-added tax (VAT) from May 1 as announced in the 2025 budget, the finance ministry ...

The proposed VAT increase has been reversed. National Treasury issued a statement after midnight to say that the Value-Added ...

The Minister of Finance, Enoch Godongwana, will soon formalise measures to reverse the highly contested and reviled VAT hike ...

The proposed VAT increase has been reversed and will remain at 15%, ending a two-month battle and legal challenges over the unpopular tax hike. The treasury made the announcement shortly after ...

South Africa will not increase its value-added tax (VAT) from May 1, the finance ministry said on Thursday, after the proposed hike faced opposition from political parties and caused friction within ...

The European Union won’t negotiate changes to its value-added taxes or agricultural subsidies as part of trade discussions with the U.S., the bloc’s economy commissioner said early Wednesday. “We do ...

The finance ministry in a midnight announcement said the decision was informed by consultations with political parties ...

Anticipation builds as ANC prepares to unveil a significant decision on the contentious VAT increase, amidst ongoing ...

After fierce public backlash, the National Treasury has scrapped plans to raise VAT on 1 May. Now, the Government of National ...

[WATCH] EFF treasurer general Omphile Maotwe says the government must introduce an "apartheid tax" for people who inherited ...

Having chaired the tax committee that made recommendations to Treasury on tax policy between 2013 and 2019, Judge Dennis ...

Zhumangarin also said the government is optimizing tax incentives. Based on tax filings, there are currently 453 tax benefits ...