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.

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Government has officially withdrawn the R20 billion tax increase for VAT that was previously penciled in for the 2026 Budget.

The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) issued new regulations to clarify value-added tax ...

The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) issued new regulations to clarify value-added tax ...

Denis Maksimov’s bakery in suburban Moscow became famous overnight after he appeared on President Vladimir Putin’s annual ...

This transaction strengthens our VAT capability while expanding the breadth of services and technology we can deliver ...

The brain will try to create a world in which it can function. If it is to survive, it will build its functions "in a new environment." It will compensate for everything it can and learn everything it ...

Big changes are coming to South Africa’s VAT system as the South African Revenue Service (SARS) plans to roll out a full VAT e-invoicing framework, which is expected to be published later this year.

The Supreme Court today held that “Sharbat Rooh Afza” is classifiable as a “fruit drink / processed fruit product” under Entry 103 of Schedule II, Part A of the Uttar Pradesh Value Added Tax ...

The government has partially reduced value-added tax (VAT) on liquefied petroleum (LP) gas, aiming to stabilise prices of the essential fuel used in households and industry while keeping it affordable ...