Samuel Agbeluyi, president and chairman CITN, said that the incentive of increasing Value Added Tax (VAT) from 7.5% to 10% ...

The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...

Currently, refrigerators and air conditioners are taxed at a reduced 7.5% VAT rate at the manufacturing stage, a policy that the National Board of Revenue (NBR) now plans to increase to the standard ...

Retailers face growing VAT challenges worldwide. Discover four key strategies to improve compliance, reduce customer friction ...

They highlighted high interest rates on bank loans, lack of access to finance, higher VAT and tax rates and its complex ...

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...

South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...

Get expert help with VAT registration, exemptions, and compliance in the Philippines for foreign-owned businesses.

South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...

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