A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political ...

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

Finance Minister Enoch Godongwana announced a VAT increase of 0.5 % this year, which will raise an additional R28 billion in ...

Finance Minister Enoch Godongwana has confirmed that South Africans will see a VAT increase as the government moves to raise ...

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

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

This article explores common VAT misconceptions, clarifies the applicable rules, and provides practical guidance on how ...

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

Many households earning less than R8,000 per month often rely on relationships with neighbours and relatives, borrowing from ...

South African lawmakers have outlined plans that include a 0.5% VAT increase to fund additional health and defense spending.

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

Godongwana, delivering the long-awaited 2025 Budget Speech today, said the VAT rate would increase by half a percentage point ...