Consumers who have been charged VAT at 15.5% have the option of contacting the supplier to claim back their money.

As a backdrop to the court-ordered suspension to the VAT increase, Finance Minister Enoch Godongwana will outline budget process ...

Finance Minister Enoch Godongwana will outline the process to table the third budget after the High Court suspended the proposed VAT increase.

The initial proposal to increase VAT by 2% triggered strong backlash from political parties, trade unions, and civil society. Under intense pressure, Godongwana revised the proposal to a 0. 5% hike, ...

SARS has issued a warning regarding the implications of the reversal of the scrapped 0. 5% VAT rate increase, following a ...

The DA comes across as an entitled opportunistic coalition participant, savvy in the language of dissent, of policies aligned ...

Finance Minister Enoch Godongwana is set to address the implications of a VAT reversal on South Africa's budget, as economists weigh in on the potential impacts on public service delivery and fiscal ...

Edward Kieswetter, has welcomed the agreement between the parties and the court order to suspend the 0.5 percentage point increase in value-added tax (VAT).The VAT increase was initially announced to ...

The South African rand weakened on Tuesday as investors waited for the finance minister to say when he will present another ...

Following a court settlement, South Africa's Parliament has suspended the planned VAT increase, allowing Finance Minister ...

Finance Minister Enoch Godongwana has accepted a court order that puts his proposed 0.5 percentage point VAT increase on hold. The post Government agrees to put VAT hike decision on hold appeared ...

The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...