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

In a media statement issued on its website in the middle of the night, the National Treasury announced the reversal of the ...

The Democratic Alliance (DA) will not be part of the joint briefing by the ANC, ActionSA and eight other parties in the ...

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

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 ...

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

South Africa's finance minister has said that failing to raise the value-added tax rate from May would cause severe harm to ...

This was confirmed in an overnight media statement by the National Treasury, which said that VAT would remain at 15%.

The court will hear oral arguments on the DA and EFF's application to interdict the implementation of a 0.5 percentage point ...

The Western Cape High Court will hear an application by the DA and EFF 0,5 percentage point VAT increase passed by the ...