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 ...

New tax bill and urgent compliance measures rolled out after abrupt policy shift. Edward Kieswetter, Commissioner of the ...

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).

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.

Employers are urged to issue IRP5/IT3(a) tax certificates well before the beginning of the individual tax filing season to ...

The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...

The welcome withdrawal of the proposed VAT increase in South Africa’s 2025 Budget will likely pressure SARS to compensate for ...

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

South Africa’s National Treasury will scrap a proposed tax increase that threatened to rupture the nation’s coalition ...

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