A private school has announced it will close at the end of the school year due to the "financial burdens" imposed by the ...

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 ...

Highly unpopular changes to VAT rates for France's self-employed 'micro entrepreneurs' will be suspended until at least 2026, ...

The absence of suppliers’ invoices could have jeopardised the input tax recovery for UAE financial institutions. The ...

The South African rand was marginally stronger in early trade on Thursday, after the finance ministry said it was withdrawing ...

South Africa will not increase its value-added tax (VAT) from May 1, the finance ministry said on Thursday, after the ...

The reversal of the VAT hike benefits South African households but also means the removal of measures to cushion some of the ...

Finance Minister Enoch Godongwana has announced a new date for the tabling of the 2025 budget, following the reversal of the ...

The minister says he was also encouraged by the passion shown by South Africans who’ve been engaged with the developments ...

As summer approaches and the Philippines remains a top tourist destination, the Bureau of Internal Revenue (BIR) issued ...

ANC secretary general Fikile Mbalula says while the new budget won’t include a VAT adjustment, the party hopes it will still ...