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

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...

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

The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity ...

New tax bill and urgent compliance measures rolled out after abrupt policy shift. Edward Kieswetter, Commissioner of the ...

The hike was also opposed by the biggest trade union federation, the Congress of South African Trade Union (Cosatu), which is in alliance with the ANC. Even the head of the government's tax agency ...

AJM Tax director Leonard Willemse said consumers who had been charged 15.5% since the announcement of the VAT hike will be ...

The federal government has declared that the Tax Reform Bill, once enacted, will exempt real estate transactions from Value Added Tax (VAT), a move aimed at ...

The European Union won’t negotiate changes to its value-added taxes or agricultural subsidies as part of trade discussions with the U.S., the bloc’s economy commissioner said early Wednesday. “We do ...

The government plans to reduce VAT on food by half a percentage point — to 13.5 percent. But consumers will only save money ...

The National Board of Revenue (NBR) is contemplating the introduction of a system to hold its officers accountable for ...