The VAT increase to 15.5% scheduled for 1 May, next week, has been reversed following a statement issued in the early hours ...

The finance ministry in a midnight announcement said the decision was informed by consultations with political parties ...

South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this ...

SARS has announced the cancellation of the planned VAT increase, following Finance Minister Enoch Godongwana's decision to ...

National Treasury and Finance Minister Enoch Godongwana’s early morning announcement, made through a media statement, that he ...

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...

“The decision to forgo the increase follows extensive consultations with political parties, and careful consideration of the ...

The DA and EFF are seeking final relief from the Western Cape High Court in the form of an urgent interdict to suspend the ...

Key topicsVAT to stay at 15% from 1 May 2025, cancelling planned hikeR75 bn revenue gap prompts withdrawal of budget bills ...

South Africans can breathe a sigh of relief knowing that the controversial VAT increase will not go ahead – but government ...

The EFF has written to National Assembly speaker, Thoko Didiza, about what is says it the urgent constitutional and ...

National Treasury’s proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch ...