The House of Representatives has retained Value Added Tax, VAT, at 7.5 per cent and rejected a staggered increase to 15 per ...

The House of Representatives, on Thursday, approved a new Value Added Tax sharing formula, allocating 55% to states and 35% to local government councils.This decision followed the adoption of a report ...

The House of Representatives on Thursday considered and adopted the reports of its committee on finance regarding the four ...

The House of Representatives has approved the Tax Reform Bills submitted by President Bola Tinubu following the consideration ...

Understand how the VAT increase affects your grocery shopping and discover which essential items remain exempt.

After charging Canada and Mexico, President Trump's increased tariffs on the EU have come into effect. Meanwhile, the US administration has issued false claims about the impact of those tariffs. A DW ...

Budget, tabled by Finance Minister Enoch Godongwana on Wednesday, 12 March, is good news for South African taxpayers.

Take advantage of tax-free savings accounts, medical aid deductions, and retirement contributions to reduce taxable income ...

Ordinary South Africans are walking away from the 2025 budget bruised and bloodied. Government not only proposed an increase ...

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