VAT in the world? Nando's has weighed into government's last-minute tax turnaround following a clash within the ...

SARS says it acknowledges that vendors and consumers have invested in preparing for an increase in VAT during a period of uncertainty. It says vendors are expected to continue to charge VAT at the ...

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...

Several political parties have welcomed the end of the African National Congress (ANC)’s political dominance, saying it can no longer unilaterally impose tax increases without coalition consensus.

Finance Minister Enoch Godongwana has introduced urgent legislation in Parliament to scrap the impending value-added tax (VAT ...

News24 brings you the top stories of the day, summarised into neat little packages. Read through quickly or listen to the ...

The Inflation rate was good news this week, but we will have to wait to see whether scrapping the VAT increase was a good idea.

South Africa's finance minister drops plan to increase value-added tax (VAT), in a major climbdown to prevent the collapse of the coalition government. 10,000 illegal settlers reportedly removed from ...

The African National Congress (ANC) has rejected and condemned the Democratic Alliance’s (DA’s) political approach following ...

SARS has announced the cancellation of the planned VAT increase, following Finance Minister Enoch Godongwana's decision to ...

South Africa's rand was steady on Friday as investors awaited clarity on a disputed national budget which has roiled domestic markets. At 1236 GMT, the rand traded at 18.8125 against the dollar , near ...

The South African Revenue Service (SARS) has assured the public that it will ensure it will make adjustments to accommodate the withdrawal of the 0.5% increase in the Value-Added Tax (VAT).