Rate decision hinges on Ramaphosa Presidency, tax hikes, inflation - PwC

2018-03-21 07:30

Economic analysis by PricewaterhouseCoopers indicates five factors that will determine which way the rate decision could go.

Moyane threatens Ramaphosa with legal action over suspension

2018-03-20 11:12

Suspended SARS head Tom Moyane has threatened legal action over his suspension, saying in a letter to President Cyril Ramaphosa that his suspension was part of an 'unlawful process'.

SA Revenue Service boss Tom Moyane suspended

2018-03-20 01:15

In a late-night statement the Presidency announced that the tax agency's head had been suspended with 'immediate effect' pending the institution of disciplinary proceedings.

How will the VAT hike affect property sales?

2018-03-09 20:01

A question raised about the VAT increase, as announced in Budget 2018, is how it will impact fixed property sales currently in progress or under negotiation.

Govt looking at ways to soften the VAT blow - Nene

2018-03-06 05:30

Government will continue to engage stakeholders in a bid to cushion the poor from the impact of the VAT increase which comes into effect next month, says Finance Minister Nhlanhla Nene.

If we reject VAT then we must provide alternatives - Carrim

2018-03-02 21:00

VAT should be dealt with cautiously and if the hike is rejected, then Parliament will have to find alternative options to fund the revenue gap, says Yunus Carrim.

Cabinet to consider more zero-rated goods after VAT hike

2018-03-01 18:33

Cabinet says considering expanding the list of zero-rated goods, following concerns raised over the increase in the VAT rate.

The dark side of Budget 2018: VAT compliance

2018-02-27 19:24

It seems as if tax administration and compliance have taken a back seat in the ongoing struggle to fund the revenue shortfall, says a tax consultant at Mazars.

Dear Mr Ramaphosa, allow me to express my anger

2018-02-26 09:21

We are taken for fools and fools we are for expecting something different from our government when experience shows us that the government couldn’t care less.

How does the Budget affect me?

2018-02-25 06:00

Finance Minister Malusi Gigaba had to juggle a tough budget.


SA consumers cautioned ahead of VAT, fuel levy increases

2018-03-20 14:00

April will see a number of number of budgetary pronouncements hit SA motorists, including increases in the fuel levy and VAT pushing up car prices.

Tax practitioners welcome 'veteran' Kingon as new acting SARS head

2018-03-20 10:49

"Mark is a very old veteran at SARS, one of the last surviving people who worked under Pravin Gordhan," one tax practitioner had said, after Kingon was named the new acting head of the revenue service.

SARS denies Moyane acted unlawfully in Gupta VAT repayments

2018-03-16 16:15

The SA Revenue Service came out swinging on Friday, arguing that its head Tom Moyane had acted lawfully when handling VAT refunds to a Gupta-linked company.

VAT increase: DA calls for 'trimming the fat' instead

2018-03-06 21:00

There is a way government can access an additional R112bn in revenue instead of increasing VAT by 1% to 15%, says DA leader Mmusi Maimane.

'Why the VAT rate will never be reduced'

2018-03-04 15:04

The poor and working class will forever contribute a disproportionately large amount of value-added tax to the country’s fiscus, suggests Fin24 reader Wayne Gray.

'You are playing with fire,' Cosatu warns govt on VAT increase

2018-03-01 22:00

Trade union federation Cosatu has rejected the proposed one percentage point hike in VAT that was announced by former finance minister Malusi Gigaba in the budget.

The fight against the VAT hike is on

2018-02-28 21:00

Several NGOs, trade unions and political parties are gearing up to fight the increase in the VAT rate as well as other taxes.

Fruit juice, low GI bread and bottled water - surprising products set for a VAT increase

2018-02-27 07:28

Food and beverage items that are strangely subject to the 1% increase in VAT.

ANC seeks to shield poor from sales tax hike

2018-02-26 07:28

The ANC NEC wants government to consider measures to alleviate pressure on the poor following the announcement of the VAT rate increase, Bloomberg reports.

SA Human Rights Commission slams state's poor management of the economy

2018-02-24 07:00

The SAHRC has said the economic challenges that prompted the recent fuel levy and VAT hikes as announced in the budget could have been averted.

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