The last Government was embarrassed by some of the price gouging going on in the hotels sector at a time when hospitality was benefiting from a reduced VAT rate of 9 per cent to help it recover ...

“VAT 9 will be an important respite and will provide certainty for all businesses and hospitality, entertainment, and all other associated sectors indefinitely,” Cllr. Corkery said. “This commitment ...

Budget tabled by Finance Minister, Enoch Godongwana in Parliament on Wednesday, 12 March 2025, saw the 2% VAT increase initially proposed in February 2025 replaced by two consecutive 0,5% increases, ...

The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...

The ANC was scrambling to garner enough support from political parties, even within the GNU, to have the budget, which ...

A little more than two weeks ahead of the government’s planned 50 percent value-added tax (VAT) cut on unprepared food items, ...

According to di budget speech presentation by di finance minister, govment go increase VAT by half-a-percentage point for di ...

The current inflation rate is 3.2%. The higher-than-inflation social grant increases are intended to help cushion grant ...

Finance Minister Enoch Godongwana has delivered a balanced but contentious 2025/26 budget by introducing a ...

VAT increases have a disproportionate impact on workers and the poor, more so on the bottom 40 per cent of society in income ...

Finance Minister Enoch Godongwana tabled his delayed Budget on Wednesday that included lower, yet still controversial, ...

South African lawmakers have outlined plans that include a 0.5% VAT increase to fund additional health and defense spending.