Rates vary widely, with VAT at 7% in Thailand, 14% in Egypt, 15% in Ethiopia, 18% in Uganda, 19% in Algeria, 20% in the United Kingdom and as high as 27% in Hungary. In South Africa this year ...

South Africa's finance minister has said that failing to raise the value-added tax rate from May would cause severe harm to ...

South Africa's National Treasury is looking at alternative revenue-raising options to a value-added tax increase, but the ...

South Africa ... VAT hike plan in court, Finance Minister Enoch Godongwana argued that any delay or removal of the VAT hike would have dire consequences on the country’s finances. “If the rate ...