The European Union’s tax chief said that the bloc’s use of value-added taxes shouldn’t be part of the trade tensions with the ...

The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as increasing corporate or personal income tax would do more harm than good.

European sales in America enjoy a cost reduction, whereas American sales in Europe pay the value added tax. From this ...

Discover how South African experts are reacting to the 2025 Budget Speech, highlighting concerns over VAT increases, youth ...

Many people buy offal to eat because they cannot afford better cuts of meat. Budget 2025 just emphasises the inequality in ...

South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at ...

African National Congress Secretary General Fikile Mbalula says the proposed increase in value-added tax was a carefully ...

Visit americanexpress.com to learn more. The idea of a value-added tax (VAT) is a foreign concept to most Americans. That puts us in the minority, though: VAT, a multi-layered tax applied at each ...

SMMT argues the move would convert ‘electric sceptics’ and boost plug-in registrations by 15%, helping manufacturers achieve ...

While government defends the VAT increase, critics say it will hurt the poor, worsen debt, and strain the healthcare system.

The government aims to implement the VAT reforms by the end of the year, ensuring a more efficient tax system that aligns ...