SARS Applauds MTBPS, Celebrates Strong Revenue Growth and Continued Fiscal Momentum
The South African Revenue Service (SARS) has welcomed Finance Minister Enoch Godongwana’s Medium-Term Budget Policy Statement (MTBPS), highlighting that the
VAT
South Africa scraps VAT increase in Godongwana’s revised budget
Godongwana to table third 2025 budget after VAT U-Turn Finance Minister Enoch Godongwana will present a third version of the
Court Suspends VAT Increase Until Parliament Acts
The Western Cape High Court has ordered the suspension of the planned VAT increase until Parliament passes legislation to formally
ANC Drops Plan to Raise VAT After Pushback from Coalition Partners
South Africa’s ruling African National Congress (ANC) has abandoned its proposal to raise value-added tax (VAT) by 0.5%, following resistance
ANC Pushes for New Coalition Agreement Amid Budget Deadlock
The ANC is advocating for a formal, rules-based agreement to stabilize the coalition government and prevent future disputes, as negotiations
Sars state capture ops alone contributed R4 billion to fiscus
[ad_1] A function of Wednesday’s mini-budget was an surprising ‘additional’ R83.5 billion in tax revenues. FILE: South African Revenue Service