News

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...
SARS has announced the cancellation of the planned VAT increase, following Finance Minister Enoch Godongwana's decision to ...
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).
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 ...
New tax bill and urgent compliance measures rolled out after abrupt policy shift. Edward Kieswetter, Commissioner of the ...
While civil society celebrates the cancellation of the VAT hike, they caution that austerity measures may jeopardise ...
Legal experts say the reversal of the planned VAT hike in South Africa faces a massive hurdle, given that the fiscal ...
An economist says Budget 3.0 was not unexpected, while it is expected that the above inflation increase in social grants will ...
All shops and other entities that charge VAT had to quickly get their systems ready for the VAT increase and must now reverse ...
While South Africa has been shaking its head at Trump’s whiplash tariff announcements, we seem to be seeing a similar scene rolling out locally with the controversial VAT increase.