South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...

SARS has broken down what the reversal in the VAT hike means for businesses, even if the reversal is still not guaranteed.

South Africa faces a last-minute legal showdown over the controversial VAT hike, with Finance Minister Enoch Godongwana’s ...

They highlighted high interest rates on bank loans, lack of access to finance, higher VAT and tax rates and its complex ...

Meanwhile, the Economic Freedom Fighters (EFF), like the DA, has also escalated its fight filing supplementary court papers ...

They made the demands at a view-exchanging meeting organised by the Dhaka Chamber of Commerce and Industry (DCCI) in Dhaka ...

The federal government has declared that the Tax Reform Bill, once enacted, will exempt real estate transactions from Value Added Tax (VAT), a move aimed at ...

The Democratic Alliance (DA) has filed a supplementary affidavit in the battle against VAT to block the ANC’s proposed 0.5% ...

Legal experts say the reversal of the planned VAT hike in South Africa faces a massive hurdle, given that the fiscal ...

Tax experts usually refer to the three Es in taxes – equity, efficiency and ease of administration. A VAT increase, done ...