# “Currently, agricultural products and seeds imported by local farmers are subjected to a 10 percent VAT rate at the border, whereas the final produce sold locally [will soon be] subject to only 5 ...

With limited options available, the government has placed reliance on increased VAT to raise additional revenue.

MPs on Friday had sharp words for Finance Minister Enoch Godongwana on the contentious 0.5 percentage point hike in the VAT ...

SARS commissioner Edward Kieswetter has accepted the revised revenue estimate presented by Finance Minister Enoch Godongwana.

Issue e-commerce tax withholding certificates to Sellers annually and submit data to tax authorities. The tax withholding certificate must contain detailed transaction information, including the ...

In his second term as US president,Donald Trump wants to put "the American worker first"  and has imposed tariffs of 25% on EU imports. Member countries of the European Union, and countries ...

A WAR of words has ensued between the major parties in the coalition government of South Africa, with the emotive issue of tax increases this time fuelling the fallout. The differences are the latest ...

Nigerian lawmakers rejected changes to consumption and company taxes that were proposed by President Bola Tinubu, dealing a ...

Nigeria's parliament passed tax reform bills, aiming to improve revenue collection and streamline tax laws. However, key proposals like VAT increase and revenue allocation were modified. The bills ...

The House of Representatives has adopted the report of its Finance Committee on the Four Tax Reform Bills. This followed ...

Nigeria's lower house of parliament passed four tax reform bills proposed by President Bola Tinubu on Thursday, marking ...

The House of Representatives on Thursday adopted President Bola Tinubu’s four tax reform bills after a detailed clause-by-clause review.