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 Democratic Alliance (DA) has welcomed the Western Cape High Court’s decision to suspend the proposed VAT increase, ...

The Western Cape High Court has suspended the planned increase in Value Added Tax (VAT), which was set to begin next month, ...

It brings to an end a dispute between the two largest parties in South Africa’s government of national unity over the revenue ...

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

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 rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...

The South African Revenue Service (Sars) has warned consumers to be vigilant of businesses who could charge them a 15.5% value-added ...

The Western Cape High Court officially suspended the VAT increase in South Africa, with only a few days to spare. The Court ...

SARS has broken down what the reversal in the VAT hike means for businesses, even if the reversal is still not guaranteed.