South Africans should not expect an increase in VAT to be announced in the Budget speech next week, but a hike is still likely in the works.

A year after 2025’s Budget bungle over a proposed increase in value-added tax, the DA has scored a court victory that will curtail the power of the minister of finance.

Senate Bill 1552, or the VAT Reduction Act of 2025, filed by Sen. Erwin Tulfo, aims to increase household purchasing power by lowering the tax burden on goods and services that are currently subject ...

THE GOVERNMENT will have to expand the tax base to make the proposed reductions in value-added tax (VAT) sustainable, and may need to resort to a crackdown on transactions currently exempt from VAT, ...

The declaration of invalidity by the court is suspended for a period of 24 months to afford Parliament an opportunity to correct the defect.