The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as ...
The uMkhonto weSizwe Party is seeking support from other parties for a joint day of protest against the VAT increase, and the ...
Country Senior Partner at PWC Ghana, Vish Ashiagbor, has stressed the need for a careful and strategic approach to ...
Understand how the VAT increase affects your grocery shopping and discover which essential items remain exempt.
The uMkhonto weSizwe Party (MKP) on Friday termed the proposed value added tax (VAT) increase a “declaration of war” against ...
# “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 ...
A little more than two weeks ahead of the government’s planned 50 percent value-added tax (VAT) cut on unprepared food items, ...
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, ...
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 ...
Leading political analyst Dr. Metji Makgoba criticises government's proposed VAT increase to 16%, arguing it reflects a ...
A 0.5 percent point VAT increase may seem like a small adjustment, but even the tiniest hike puts pressure on an already ...