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 ...
The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...
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.
# “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 ...
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 ...
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, ...
A 0.5 percent point VAT increase may seem like a small adjustment, but even the tiniest hike puts pressure on an already ...