Shadow Chancellor Sir Mel Stride said: "Before the election Labour promised "growth, growth, growth" but today’s fall in GDP ...

With a sub-$1,000 price, exceptional quality, and innovative resin management features, the Anycubic Photon Mono M7 Max is a ...

But businesses must be laser-focused on how these are accounted for in VAT. Shutterstock It is a common knowledge that VAT is applicable on the supplies of goods or services for consideration.

But if the gamble doesn’t pay off, taxpayers should prepare themselves for more tax pain in 2026, including a possible VAT increase. According to Jordan Mulindi, Tax Attorney at Latita Africa ...

On May 8, the BIR issued Revenue Memorandum Circular (RMC) No. 47-2025 clarifying some issues regarding the value-added tax (VAT) on digital services imposed by Republic Act No. 12023. Earlier, the ...

A jury on Friday found James Brown, 45, of Mastic, guilty of murder for slaying Umar Elquhir, 45, of Mastic around 18 months ago, Suffolk County District Attorney Ray Tierney said in a news release.

The process of passing South Africa’s Budget is beginning anew after the planned increase in value-added tax (VAT) was suspended last week through an order of court. On Sunday, 27 April ...

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 ...

JOHANNESBURG - The proposed VAT increase, which was meant to be implemented next month, has been reversed. Treasury issued a statement shortly after midnight on Thursday. The VAT rate was ...

Finance Minister Enoch Godongwana has announced that the National Treasury will no longer be implementing the controversial 0.5 percentage points increase in the value-added tax (VAT) from 1 May ...

POLOKWANE – Value-Added Tax (VAT) is a consumption of tax charged on goods and services at each stage of production and distribution. VAT is a crucial source of revenue for the South African ...