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 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 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 Minister of Finance will shortly introduce the Rates and Monetary Amounts and the Amendment of Revenue Laws Bill (Rates Bill), which proposes to maintain the Value-Added Tax (VAT) rate at 15 per ...

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. National Treasury issued a statement after midnight to say that the Value-Added ...

In an overnight media statement, the Treasury announced that Finance Minister Enoch Godongwana would be reversing the ...

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

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 ...

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

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