News

Egypt - The Ministry of Finance announced on Monday that Egypt’s overall budget deficit fell to EGP 879.3bn—equivalent to 5.1% of GDP—during the period from July 2024 to February 2025, down from EGP ...
The price of cooking gas has dropped further as dealers announced new costs for kilogrammes of the product in various locations nationwide as new regulations begin.
SARS is urging consumers across the nation to verify that they are being charged the correct Value Added Tax VAT rate of 15%.
EFF leader Julius Malema has put the blame for the VAT saga squarely at President Cyril Ramaphosa’s feet. On Sunday, the ...
The move could affect charities that provide care, use unregulated bodies to make their charges liable to VAT, and charge ...
The EFF feels vindicated by the recent Western Cape High Court order, which set aside the fiscal framework and suspended the ...
HMRC has issued a "scrapped" warning as the Valuation Office Agency is axed in a Labour Party government drive to slash ...
The Economic Freedom Fighters (EFF) have demanded the resignation of Finance Minister Enoch Godongwana and Treasury ...
Commissioner Edward Kieswetter says the Western Cape High Court ruling on the Value-Added Tax (VAT) hike brings some ...
The agriculture sector welcomes the reversal of the proposed VAT increase, highlighting its positive impact on farmers and ...
Political parties the DA and EFF challenge the constitutionality of Section 7 (4) of the Vat Act. However, this case may even ...
Currently, refrigerators and air conditioners are taxed at a reduced 7.5% VAT rate at the manufacturing stage, a policy that the National Board of Revenue (NBR) now plans to increase to the standard ...