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 ...
Devdiscourse2d
South Africa Withdraws 0.5% VAT Increase: SARS Issues Guidance for Vendors
Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...
BusinessTech12h
VAT hike officially suspended in South Africa
The Western Cape High Court officially suspended the VAT increase in South Africa, with only a few days to spare. The Court ...
South African rand firms after VAT increase withdrawn
The South African rand strengthened in early trade on Thursday after the finance ministry said it was withdrawing a ...
Moneyweb3h
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 ...
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 ...
Daily Maverick on MSN5d
Court battle unfolds as DA and EFF unite against controversial VAT increase
The DA and EFF’s challenge to Finance Minister Enoch Godongwana’s looming VAT increase is being heard in the Western Cape ...