National Treasury's proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch ...

The Minister of Finance will shortly introduce the Rates and Monetary Amounts and the Amendment of Revenue Laws Bill (Rates ...

The Democratic Alliance (DA) on Thursday expressed jubilation at Finance Minister Enoch Godongwana’s reversal of the ...

Treasury has reversed its decision to increase the Value-Added Tax (VAT) which was due to kick in on the 1st of May.

South Africa will not raise its VAT as stated in the 2025 budget due to political opposition. The decision means an estimated ...

Finance Minister Enoch Godongwana has announced the cancellation of the proposed VAT increase, a decision welcomed by ...

The notice published on Thursday, in the government’s official communication channel for announcing new legislation and ...

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

Key topicsVAT to stay at 15% from 1 May 2025, cancelling planned hikeR75 bn revenue gap prompts withdrawal of budget bills ...

Following intensive consultations among political parties, National Treasury last night (Wednesday) announced the scrapping ...

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