This is how the VAT increase will impact your transport, food and electricity bills
The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...
VAT Increase, a solution or just a short-term fix to a long-term crisis?
The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as ...
EU Tax Chief Disputes Trump’s Claim That VAT Is a Trade Barrier
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 ...
MyJoyOnline10h
‘VAT system needs careful assessment, not rush’ – PWC Ghana boss on reforms
Country Senior Partner at PWC Ghana, Vish Ashiagbor, has stressed the need for a careful and strategic approach to ...
What Happens When You Fail To Charge Or Overcharge VAT?
This article explores common VAT misconceptions, clarifies the applicable rules, and provides practical guidance on how ...
The Tribune5h
VAT food cut runs ‘counter’ to farm policy
# “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 Nassau Guardian9h
Shoppers hope VAT cut helps; but others say govt should remove VAT on food
A little more than two weeks ahead of the government’s planned 50 percent value-added tax (VAT) cut on unprepared food items, ...
eNCA7h
Discussion | VAT rate increase to 16% in 2026/7
JOHANNESBURG - Finance Minister, Enoch Godongwana, has proposed gradually increasing South Africa's VAT rate from 15% to 16% over the next two years. This move aims to stabilise the country's finances ...
South Africa proposes smaller VAT hike in revised budget, disagreements remain
South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at ...
Nigerian Lawmakers Reject Changes to VAT, Company Taxes
Nigerian lawmakers rejected changes to consumption and company taxes that President Bola Tinubu proposed, dealing a blow to ...
IT-Online12h
How VAT will influence business considerations ahead of May 2025
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, ...
EWN10h
MK Party planning national shutdown to protest VAT increase
Minister of Finance Enoch Godongwana announced that Treasury would be increasing VAT by one percentage point over the next ...