As South Africa faces a proposed VAT increase, this article explores the complexities of the budget, the government's approach to social grants, and the real issues affecting the poor.

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 ...

JOHANNESBURG — The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity government after a pushback from various political parties.

Reuters. South Africa's Finance Minister Enoch Godongwana delivers his 2025 budget speech in Cape Town, South Africa, March 12, 2025. REUTERS/Esa Alexander/File Photo ...

STORY: South African beverage company owner Ndumiso Madlala fears an upcoming VAT hike could hurt his small business, which produces alcoholic ginger beer and soft drinks.To boost revenue, the ...

South African President Cyril Ramaphosa said the National Treasury is looking at all options to avoid having to raise value-added tax but that the prospects for escaping such an increase are dim ...

The OECD suggests South Africa should consider increasing VAT as its rate remains below the organisation’s average and has the potential to broaden the country’s tax base.

A South African panel has recommended six more consumer items be added to a list of goods that won’t incur value-added tax, which could potentially cost the state 4 billion rand ($283 million).

South Africa’s VAT treatment for Foreign Donor Funded Projects (FDFPs) is designed to refund VAT on project expenses. However, implementing agencies face challenges due to changes related to VAT ...