The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...
The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as ...
Country Senior Partner at PWC Ghana, Vish Ashiagbor, has stressed the need for a careful and strategic approach to ...
The European Union’s tax chief said that the bloc’s use of value-added taxes shouldn’t be part of the trade tensions with the ...
This article explores common VAT misconceptions, clarifies the applicable rules, and provides practical guidance on how ...
# “Currently, agricultural products and seeds imported by local farmers are subjected to a 10 percent VAT rate at the border, whereas the final produce sold locally [will soon be] subject to only 5 ...
The uMkhonto weSizwe Party (MKP) on Friday termed the proposed value added tax (VAT) increase a “declaration of war” against ...
South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at ...
For instance, most foods and goods on the shelves at your local grocery store have a VAT charge attached to them. That means that chocolate, frozen meals, alcohol and a host of other products will be ...
Budget tabled by Finance Minister, Enoch Godongwana in Parliament on Wednesday, 12 March 2025, saw the 2% VAT increase initially proposed in February 2025 replaced by two consecutive 0,5% increases, ...
Minister of Finance Enoch Godongwana announced that Treasury would be increasing VAT by one percentage point over the next ...