News

Good news about VAT increase
The Western Cape High Court ruled that the fiscal framework that Parliament adopted must be set aside, formally suspending a ...
The Citizen16h
Western Cape High Court orders scrapping of the 0.5% VAT increase
Despite Enoch Gondongwana's recent announcement that the VAT hike has been reversed, the court ruled in favour of the DA and EFF.
South Africa scraps proposed tax increase after pushback from coalition partners and opposition
The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...
Moneyweb6h
Court halts proposed Vat hike
It brings to an end a dispute between the two largest parties in South Africa’s government of national unity over the revenue ...
The South African on MSN22h
Here’s what SARS had to say about the VAT hike reversal
SARS has confirmed that it will implement Finance Minister Enoch Godongwana’s decision to reverse the planned 0.5% increase ...
The Citizen1d
DA files supplementary affidavit to block the proposed VAT hike
The Democratic Alliance (DA) has filed a supplementary affidavit in the battle against VAT to block the ANC’s proposed 0.5% ...
News244d
Treasury scraps controversial VAT hike — government faces R75bn cuts instead
After fierce public backlash, the National Treasury has scrapped plans to raise VAT on 1 May. Now, the Government of National ...
The South African3d
VAT Freeze: What it means for the price of basic goods in SA
South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this ...