Supermarket operators will now be able to claim input tax credit on the 15 percent VAT applied to consumer goods they sell.
While the hike is suggested as a necessary measure to bolster the national budget, some experts argue there are other ...
The ANC government has made a habit of promising more than the country can afford. With this latest controversy over a ...
Poor and middle class consumer will bear the brunt if VAT is increased by 2% on 12 March. Economists warn consumers are ...
LOCAL business owners are fearing that their livelihoods are under “a huge threat” after it was revealed that there will be a ...
Godongwana flagged plans to hike value-added tax, without saying it would raise the rate by two percentage points to 17%.
If you bear in mind that a big chunk of the goods in the inflation basket, and services, are subject to Vat, it naturally ...
Some 11 per cent of high net worth parents are considering moving their children from private school into state education ...
The revenue authority said it would now levy 7.5 per cent VAT instead of the 15 per cent imposed in early January, alongside ...
A third of parents with children in private education plan to move abroad because of VAT fees, with one in ten doing so to ...
Romanian prime minister Marcel Ciolacu revealed plans to cut 1,800 civil servant positions (13.5%) from 32 institutions under ...
Minister in the Presidency Khumbudzo Ntshavheni claimed that ANC members were the first to reject to a proposed VAT increase, ...