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 ...

Since arbitrage is a short-term trading strategy involving frequent buying and selling to capitalise on price differences, profits from arbitrage are taxed as income tax in South Africa.

While civil society celebrates the cancellation of the VAT hike, they caution that austerity measures may jeopardise ...

The Congress of South African Trade Unions (COSATU) applauds the Minister for Finance Mr. Enoch Godongwana’s announcement ...

Finance Minister Enoch Godongwana scrapped the planned 0.5% Value Added Tax (VAT) increase, which was set to take effect on ...

National Treasury’s decision to withdraw its proposed VAT hike has left a R78-billion gap in the national budget, forcing Finance Minister Enoch Godon ...

South Africa's Digital Nomad Visa introduced in 2024 allows foreign workers to live in the country for up to 36 months while ...

The government’s severe fumbling of the 2025 budget has left South Africa bruised, with businesses flushing money down the ...