What threw the cat among the pigeons on Wednesday was the government proposed a surprise 2% increase in VAT to help pay for ...

Unlike the government, consumers battling with the high cost of living and a mountain of debt cannot increase their income ...

Government wants the VAT increase to increase its revenue as it has a R58 billion revenue gap it must fill. A VAT increase of ...

While I support the tax bill, the VAT rate must remain unchanged. Any increase, even by 0.5%, will worsen inflation, and I can demonstrate this to anyone,” Alaje said.

The current EU VAT regime has remained largely unchanged since the inception of the EU Single Market in 1993. In order to update VAT legislation to close loopholes allowing VAT fraud, as well as ...

While the notification does not specify the impact on retail prices, industry insiders suggest that fuel prices at the pump ...