News

The draft bill proposes the amendment of Section 7 of the Vat Act to increase the rate from 15% to 15.5% on 1 May this year ...
South Africans are grappling with a relentless rise in the cost of living as everyday essentials, from food and fuel to ...
The South African government's proposal to incrementally raise the Value Added Tax (VAT) rate has ignited significant ...
Price inspectors from the Consumer Affairs Unit visited several grocery stores yesterday to ensure that government’s ...
# Pointing out that the VAT rate on candy and sugary drinks, such as original Coca-Cola and other sodas, is remaining at the original 10 percent, he added that cutting to 5 percent on all other edible ...
If Parliament passes the 2025/6 budget, the VAT rate will go from 15% to 15.5% on 1 May this year. This means that the price of all but a few goods and services will go up, and buyers will pay 15.5c ...
In a UK VAT case dealing with a change of rate, the court found that while the ... more items have been added to the zero-rated list. Joining 21 existing zero-rated foodstuffs is edible offal ...
The Government of National Unity faces its biggest test as the narrowly-passed National Budget with its controversial VAT ...
Badenhorst says the calls for expansion of the list of zero-rated foodstuffs cite ... Since 7 April 1993, when the VAT rate was increased from 10% to 14%, the basket of zero-rated food items ...
There were no increases in the tax rates – the highest rate remains 45 ... the Budget Review proposes that the government will expand the list of 21 essential food items that currently do not attract ...
# A Cabinet minister yesterday hailed the decision not to give candy and sugary drinks a 50 percent VAT rate cut despite the ...