A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political ...

South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at ...

“To raise the revenue needed, the government proposes to increase the VAT rate by half- apercentage point in 2025/26, and by ...

Finance Minister Enoch Godongwana has confirmed that South Africans will see a VAT increase as the government moves to raise ...

In light of new and persistent spending pressures in health, education, transport and security, government has decided to ...

Finance Minister Enoch Godongwana has delivered a balanced but contentious 2025/26 budget by introducing a ...

Godongwana's new proposal will raise the VAT rate to 15.5 percent and add 28 billion rand to the fiscus in this financial ...

Valuation is where things get difficult. VAT Group is a near-monopoly supplier of key, highly engineered equipment, and it ...

Many households earning less than R8,000 per month often rely on relationships with neighbours and relatives, borrowing from ...

Godongwana, delivering the long-awaited 2025 Budget Speech today, said the VAT rate would increase by half a percentage point ...

South African lawmakers have outlined plans that include a 0.5% VAT increase to fund additional health and defense spending.

Explore the implications of South Africa's VAT increase and new tax measures aimed at supporting lower-income households ...