South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...

Court suspends VAT hike after DA and EFF legal challengeFinance Minister reaches settlement, halting 15.5% VAT ...

The VAT conundrum is a self-created crisis that Treasury should have avoided, according to Ben Cronin, who specialises in tax ...

The South African rand strengthened in early trade on Thursday after the finance ministry said it was withdrawing a ...

AED 1,000 late filing penalty for the first missed return, increasing to AED 2,000 for each subsequent quarter ...

The Democratic Alliance (DA) has welcomed the Western Cape High Court’s decision to suspend the proposed VAT increase, ...

The Western Cape High Court ruled that the fiscal framework that Parliament adopted must be set aside, formally suspending a ...

The court order also suspended the VAT increase until Parliament adopts legislation declaring the withdrawal of the VAT hike ...

The Western Cape High Court officially suspended the VAT increase in South Africa, with only a few days to spare. The Court ...

The 0.5 percentage point VAT increase has been suspended. The ruling was made in the Western Cape High Court on Sunday ...

JOHANNESBURG - The High Court in the Western Cape has suspended Finance Minister Enoch Godongwana’s announcement of 0.5 ...