A value-added tax is a system of taxation widely used worldwide, although the United States is one of the few outliers that ...

The VAT increase will proceed as planned on 1 May despite concerns about a necessary Bill not being passed yet.

South African taxpayers are about to be dealt a double blow that will take their tax burdens to the highest level in 20 years ...

Budget tabled by Finance Minister, Enoch Godongwana in Parliament on Wednesday, 12 March 2025, saw the 2% VAT increase ...

E-commerce platforms will have to deduct and pay taxes on behalf of sellers from April 1. The MoF has already submitted a ...

The MoF noted that the VAT reduction would directly lower costs of goods and services. For businesses, the tax cut will help ...

Businesses must adjust their systems – which will affect their pricing, profitability, and long-term contracts.

The increase, according to senior associate Tom Goddard, is partly due to fiscal drag, which pushes ordinary workers into ...