Value added tax
ANC backed into a corner over VAT hike
Legislation giving effect to the increase in VAT from 14 to 15% was passed in the National Assembly on Tuesday afternoon after a fierce debate.
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Strong call for chicken to be zero-rated from VAT
Parliament’s Finance Committee is hearing responses to the recommendations made by the expert panel on zero-rated VAT items.
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[ANALYSIS] Zero-rated VAT items: How SA is going about expanding the list
South Africa is processing a new report produced by an independent panel that reviewed the current list of items exempted from Value Added Tax (VAT).
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Economist calls for poultry products to be added to zero rated VAT items
Economist Muneer Hassan says food items people consume daily should have also been listed.
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SA will struggle to close revenue gap: Treasury official
National Treasury’s Director General Dondo Mogajane said the country will struggle to raise the tax revenues needed to reduce a budget deficit.
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Consumer confidence hits all-time high in Q1
Consumer confidence surged across all income and population groups in the period, the survey showed.
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Slow consumer confidence linked to drop in VAT collection, says Sars
Year-on-year growth for VAT has declined by 0.1%.
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Locals not happy with SANParks tariff increases
SANParks increased rates on Sunday in line with the recent value added tax (VAT) hike.
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Hefty fuel price hikes to kick in at midnight
After the announcement of an increase in fuel and the Road Accident Fund levy of 52 cents a litre combined, it was already clear that an increase in fuel prices was imminent.
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Consumers grapple with price hikes on several fronts
The week is expected to put immense pressure on consumers’ pockets as price increases will affect basic necessities such as food, clothing and transport.
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VAT hike tests Sarb’s hawkish stance
South Africa’s powerful trade union movement and consumer groups have been vocal critics of the rise in the VAT from 14 to 15%.
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Marches on VAT hike, illicit trading expected in Pretoria
The VAT increase to 15% has not been well-received from most quarters, while tow unions are demanding action from government against all forms of illicit trading.
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Mokonyane: Govt considering zero-rating more items in wake of VAT hike
Value added tax is to go up by one percentage point to 15% next month.
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SACP to launch campaign to change VAT back to 14%
The SACP says it is extremely unhappy with the VAT increase and want the decision to be reversed.
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[OPINION] Unpacking the latest tax hikes in South Africa
University of Johannesburg lecturer Muneer Hassan answers questions you might have about the 2018 Budget.
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Maimane says DA will march to National Treasury over VAT increase
Maimane encouraged Soshanguve community members to make their voices heard by signing the petition which he will table in Parliament.
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Maimane to launch petition opposing VAT increase
The leader of the opposition says the increase will have a negative impact on the poor and the unemployed.
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Salvation Army: Social grant increase won't shield poor from VAT hike
Finance Minister Malusi Gigaba tabled a R1.67 trillion budget on Wednesday.
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Gigaba: We had no option but to increase VAT rate
Gigaba unveiled a R1.67 trillion budget on Wednesday, with an increase in VAT from 14% to 15%.
