News

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 ...
The Western Cape High Court officially suspended the VAT increase in South Africa, with only a few days to spare. The Court ...
The Democratic Alliance (DA) says the VAT hike will proceed as planned on 1 May, arguing that Finance Minister Enoch ...
SARS has broken down what the reversal in the VAT hike means for businesses, even if the reversal is still not guaranteed.
JOHANNESBURG - The High Court in the Western Cape has suspended Finance Minister Enoch Godongwana’s announcement of 0.5 ...
The Democratic Alliance launched the application against the finance minister, the South African Revenue Service, the Speaker ...
SARS has confirmed that it will implement Finance Minister Enoch Godongwana’s decision to reverse the planned 0.5% increase ...
The Western Cape High Court this afternoon suspended the 0.5 percentage point VAT increase that was due to take effect from Thursday, 1 May. “The resolutions of the National Assembly and the National ...
The 0.5 percentage point VAT increase has been suspended. The ruling was made in the Western Cape High Court on Sunday ...
South Africa faces a last-minute legal showdown over the controversial VAT hike, with Finance Minister Enoch Godongwana’s ...
The EFF had argued that the adoption of the fiscal framework by both houses was central in the unlawful process to ultimately ...