The proposal is to have a system that resembles a sales tax by disallowing Vat input claims and to rely solely on the payment ...

Lula has called for the VAT registration threshold to be increased from R1 million following 16 years of no increases—while ...

A 37-year-old company director has been arrested in an alleged large-scale Value Added Tax (VAT) fraud scheme amounting to ...

Instead of punishing all South Africans with higher prices for products and services, Sars has intensified tax compliance, in ...

JOHANNESBURG (Reuters) -South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of the ruling coalition government. The proposal to ...

On Friday, 14 November, the rand was trading at R17.02 to the dollar, R22.37 to the pound and 19.81 to the euro. Oil was ...

CAPE TOWN (Reuters) -A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political parties, even though a proposed increase in value-added tax ...

Pro Vice-Chancellor, Climate, Sustainability and Inequality and Director, Southern Centre for Inequality Studies, University of the Witwatersrand South Africa’s 2025-6 budget has been subjected to ...

CAPE TOWN (Reuters) - South Africa's cabinet may expand the basket of zero-rated value-added tax (VAT) items after it was hiked by 1 percentage point in last week's budget, the minister of ...

A former South African Revenue Service employee has been sentenced to six years in prison for orchestrating a sophisticated ...

Michael Benson, a former SARS employee, has been sentenced to six years in prison for orchestrating a VAT fraud scheme that ...

A South African woman sparked amusement with a hilarious video, joking about VAT on her restaurant bill. Mzansi reacted to ...