News

Good news about VAT increase
The Western Cape High Court ruled that the fiscal framework that Parliament adopted must be set aside, formally suspending a ...
Moneyweb5h
Court halts proposed Vat hike
It brings to an end a dispute between the two largest parties in South Africa’s government of national unity over the revenue ...
ANC U-turn over tax that threatened South Africa's government
The hike was also opposed by the biggest trade union federation, the Congress of South African Trade Union (Cosatu), which is in alliance with the ANC. Even the head of the government's tax agency ...
The Citizen3d
A R1 billion U-turn: Scrapping the VAT increase leaves no winners, just absolute chaos
The minister of finance announced in a statement loaded on National Treasury’s website at 15 minutes after midnight that the ...
The South African on MSN3d
EFF calls for ‘incompetent’ Godongwana’s head over VAT increase reversal
The EFF is one of the political parties which rejected the VAT increase and even went to court to challenge the matter.
VAT hikes can raise tax without hurting the poor: an economist sets out the evidence
Tax experts usually refer to the three Es in taxes – equity, efficiency and ease of administration. A VAT increase, done ...
BusinessTech5d
Date set for court ruling on VAT hike, and Ramaphosa and Mashatile under threat
Good news at South Africa’s ports: The port of Richards Bay has achieved record volumes in the past financial year, driven by ...