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

The findings of several tax commissions have suggested that zero-rated items are not an adequate way to reduce the impact of ...

JOHANNESBURG - While the Democratic Alliance (DA) has claimed it's rejected the value-added tax (VAT) increase because it ...

Value-added-tax (VAT) will increase by 0.5%, with the government needing to cover a R60 billion budget shortfall. Finance Minister Enoch Godongwana said another 0.5% increase will then be introduced ...

The current inflation rate is 3.2%. The higher-than-inflation social grant increases are intended to help cushion grant ...

After a February delay, Finance Minister Enoch Godongwana tabled the 2025 budget on Wednesday, confirming a VAT hike.

Finance minister Enoch Godongwana will deliver his speech at 14h00. This is where you can watch, and what to expect.

Finance Minister Enoch Godongwana faces fierce resistance from GNU alliance partners and opposition parties over proposed VAT ...

Discover how South African experts are reacting to the 2025 Budget Speech, highlighting concerns over VAT increases, youth ...

The Democratic Alliance said the budget would struggle to pass in parliament, given the ANC’s lack of a majority ...

The Democratic Alliance and Economic Freedom Fighters have both rejected Finance Minister Enoch Godongwana's budget speech, ...

Pundits don't believe Godongwana will be able to avoid increasing taxes completely despite the raging dissent across the ...