Finance Minister Enoch Godongwana has scrapped plans to raise VAT by 0.5 percentage points, but how will this decision affect ...

South African finance minister Enoch Godongwana has dropped a planned VAT increase that would have seen value-added tax ...

Godongwana has defended his decision to increase the VAT rate in terms of section 7(4) of the VAT Act. Disclaimer: The content of this article is syndicated or provided to this website from an ...

The DA argues that the 0,5 percentage point VAT hike will have a negative impact on the economy, particularly on struggling South African ... to adjust the VAT rate. Godongwana, in his responding ...

Finance Minister Enoch Godongwana has defended his decision to increase the Value Added Tax (VAT) rate by 0,5%, saying that suspending the increase would have "severe and far-reaching ...

The South African Weather Service predicts that rain and thunderstorms will continue to hit large parts of South Africa on Easter ... Images/Ziyaad Douglas The VAT rate is scheduled to rise ...

High-stakes legal clash and Treasury's last-minute bid to halt controversial tax increase – NOWinSA brings you the stories shaping South Africa today ... to raise the additional revenue through the ...

South Africa ... Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch Godongwana introduces the Rates and Monetary Amounts and the Amendment of Revenue Laws Bill ...

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

JOHANNESBURG (Reuters) -South Africa will not increase its value-added tax (VAT) from May 1 as announced in the 2025 budget, ...