VAT, South Africa

South Africa's budget remains stuck as parties reject reduced VAT hike
A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political parties, even though a proposed increase in value-added tax was sharply reduced.
VAT hike: The harsh reality for millions of South African households
Finance Minister Godongwana's proposed VAT increases could severely impact 36 million South Africans living in low-income households. Discover how the government plans to protect vulnerable families through expanded zero-rated food items and what this means for daily survival.
South Africa proposes smaller VAT hike to end budget impasse
South Africa’s finance minister proposed scaling back tax increases and curbing spending in a bid to resolve a standoff over the budget in the nation’s fractious governing alliance. Watch this report for more details!
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 smoothing divisions in the ruling coalition, but uncertainty remained over whether it would get the support in parliament to pass.
2025 budget breakdown: experts discuss VAT hikes and economic implications for South Africa
Discover how South African experts are reacting to the 2025 Budget Speech, highlighting concerns over VAT increases, youth employment, and the implications for education funding.
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 ...
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 ...
Jacaranda FM6h
VAT increase 'carefully considered' – Mbalula
African National Congress Secretary General Fikile Mbalula says the proposed increase in value-added tax was a carefully ...
Legit.ng on MSN5h
Lawmakers Approve Tax Reform Bill, modify VAT charge, sharing formula
The lawmakers considered the recommendations clause-by-clause, after the committee chairman James Falake moved the motion.
The Citizen14h
VAT increase ‘a painful blow’ to millions
While government defends the VAT increase, critics say it will hurt the poor, worsen debt, and strain the healthcare system.
VAT Group: Richly Valued Heading Into An Uncertain But Positive CapEx Investment Cycle
Valuation is where things get difficult. VAT Group is a near-monopoly supplier of key, highly engineered equipment, and it ...
EWN17h
National Treasury: Reducing VAT increase means govt will have less money for rainy days
Finance Minister Enoch Godongwana raised VAT to 0,5 % in this financial year - and says he plans to hike it by the same ...
AM-online4h
Dealerships need cut in VAT on EVs to boost consumer appeal
Slashing the VAT charged on new electric vehicles would drive up demand by 15% and put sales closer to the UK Government's ...
Fleet News8h
Government urged to halve VAT on new electric vehicles
SMMT argues the move would convert ‘electric sceptics’ and boost plug-in registrations by 15%, helping manufacturers achieve ...
ANCYL expresses disappointment over VAT hike and demands tax justice
ANCYL criticises the proposed VAT hike, warning it will disproportionately affect vulnerable communities and calls for urgent ...