Despite fiscal pressures, Finance Minister Enoch Godongwana is likely to avoid tabling a proposal for higher VAT after public sentiment and political opposition forced him to withdraw a hike in 2025.

While taxpayers dodge a hefty VAT increase, higher fuel levies and excise duties mean consumers could still feel the pinch.

Finance Minister Enoch Godongwana has increased the compulsory VAT registration threshold for businesses in South Africa.

Supreme Court classifies Hamdard’s Rooh Afza as a food drink under UP VAT, granting 4% tax rate and limiting use of higher residuary classification.

Government has officially withdrawn the R20 billion tax increase for VAT that was previously penciled in for the 2026 Budget.

A bakery owner who pleaded with Putin to look into tax reforms warned that many businesses will be forced to close.

While experts do not expect VAT increases, Finance Minister Enoch Godongwana will have the final say when he tables the national budget.

During the assessment years 2007-08 and 2008-09, Hamdard paid VAT at a rate of 4 percent, considering the product a fruit ...

Political parties expect no surprises from Finance Minister Enoch Godongwana when he tables the 2026 budget on Tuesday.

Proposed VAT increase officially withdrawn Government has officially withdrawn the R20 billion tax increase for Value Added Tax (VAT) that was previously penciled in for the 2026 Budget, to provide ...

Since Rooh Afza contains only 10%, it was described for licensing purposes as a “non-fruit syrup containing 10% fruit juice”.

Shetland Isles Council convener owed HMRC when business went into liquidation ...