News

The South African Revenue Service (Sars) has warned consumers to be vigilant of businesses who could charge them a 15.5% value-added ...
The EFF had argued that the adoption of the fiscal framework by both houses was central in the unlawful process to ultimately ...
The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...
South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...
The European Union won’t negotiate changes to its value-added taxes or agricultural subsidies as part of trade discussions with the U.S., the bloc’s economy commissioner said early Wednesday. “We do ...
Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...
South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...
The court order also suspended the VAT increase until Parliament adopts legislation declaring the withdrawal of the VAT hike ...
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 ...
AED 1,000 late filing penalty for the first missed return, increasing to AED 2,000 for each subsequent quarter ...