Finance Minister Enoch Godongwana's recent decision to reverse the 0. 5% VAT increase as slated in the 2025-26 budget has ...

In a break from tradition, Congress passed a full-year continuing resolution (CR) to fund the Department of Defense for ...

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

National Treasury's proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch ...

Finance Minister for South Africa don announce di cancellation of di proposed VAT, in a statement dated 24 April 2025.

Finance Minister Enoch Godongwana scrapped the planned 0.5% Value Added Tax (VAT) increase, which was set to take effect on May 1, keeping the VAT rate at 15%.Godongwana informed the Speaker of the ...

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 ...

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

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

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

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