South Africa, VAT and budget
South Africa's finance minister fails to unveil budget after tax row
South Africa's Finance Minister Enoch Godongwana has been forced to postpone the unveiling of the national budget following sharp disagreements within the coalition government. Coalition partners derailed his budget after opposing his plan to raise value-added-tax (VAT),
The White House has insisted that its new tariffs would equalize the ability of the U.S. and foreign manufacturers to compete ...
Poor and middle class consumer will bear the brunt if VAT is increased by 2% on 12 March. Economists warn consumers are ...
With the proposed VAT hike postponed, what other tax shocks could South Africans face in the upcoming Budget Speech?
VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...
Following Germany-wide implementation of the Value-Added Tax (VAT) App on January 1, the realized savings for customers ...
A 2% increase on the VAT would have raised the VAT to 17%, however, the proposal was widely rejected during an emergency ...
Value-added taxes are common in Europe; President Trump calls them unfair.
If you bear in mind that a big chunk of the goods in the inflation basket, and services, are subject to Vat, it naturally ...
Supermarket operators will now be able to claim input tax credit on the 15 percent VAT applied to consumer goods they sell.
LOCAL business owners are fearing that their livelihoods are under “a huge threat” after it was revealed that there will be a ...
Godongwana flagged plans to hike value-added tax, without saying it would raise the rate by two percentage points to 17%.
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