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VAT hike officially suspended in South Africa
The Western Cape High Court officially suspended the VAT increase in South Africa, with only a few days to spare. The Court announced that the VAT increase of half a percentage point on 1 May 2025 and the second half-a-percentage-point increase in April 2026 are suspended.
The Western Cape High Court ruled that the fiscal framework that Parliament adopted must be set aside, formally suspending a ...
The Value Added Tax (VAT) hike will no longer come into effect on Thursday. The Western Cape High court suspended the 0.5% ...
The court order also suspended the VAT increase until Parliament adopts legislation declaring the withdrawal of the VAT hike ...
It brings to an end a dispute between the two largest parties in South Africa’s government of national unity over the revenue ...
The Western Cape High Court has suspended the planned increase in Value Added Tax (VAT), which was set to begin next month, ...
The South African on MSN20h
Here’s what SARS had to say about the VAT hike reversalSARS has confirmed that it will implement Finance Minister Enoch Godongwana’s decision to reverse the planned 0.5% increase ...
AED 1,000 late filing penalty for the first missed return, increasing to AED 2,000 for each subsequent quarter ...
The EFF had argued that the adoption of the fiscal framework by both houses was central in the unlawful process to ultimately ...
The South African on MSN3d
VAT Freeze: What it means for the price of basic goods in SASouth Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this ...
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