Samuel Agbeluyi, president and chairman CITN, said that the incentive of increasing Value Added Tax (VAT) from 7.5% to 10% ...

After the DA and the EFF went to court Treasury agreed to reverse the VAT hike in a settlement confirmed in court.

Godongwana announced at a media briefing on Wednesday that a third revised budget will be tabled in Parliament on 21 May.

This follows a court ruling that reversed the recently proposed value-added tax (VAT) increase. The 1% VAT hike, which was set to be implemented over two fiscal years, was suspended by the Western ...

Finance Minister Enoch Godongwana has rejected calls for him to step down following the controversy over the decision to ...

The ANC backs Finance Minister Godongwana as political tensions rise, calling for a revised fiscal framework that prioritises ...

THE national government’s budget deficit spiked by 75.62 percent in the first quarter of the year due to the sharp rise in ...

The African National Congress (ANC) says it welcomes the formal withdrawal of the proposed 0.5% point  Value Added Tax increase by the Minister.

PRETORIA (Reuters) -South Africa's finance ministry said on Wednesday that a new budget would be presented on May 21 which ...

Hank Vat, public information officer for Montgomery County ESD 7, said the proposition would increase the sales tax rate in the unincorporated areas of Splendora from 7.75% to 8.25%, if approved.

SARS has issued a warning regarding the implications of the reversal of the scrapped 0. 5% VAT rate increase, following a ...

The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...