value added taxlatest news & developments
Edward Kieswetter says taxpayers’ willingness to comply has been eroded by poor governance. (Screenshot: YouTube)

Unequal society burdens South Africa’s tax system, says Sars head

Edward Kieswetter says taxpayers’ willingness to comply has been eroded by poor governance

Finance Minister Enoch Godongwana.

High court suspends VAT hike

The Democratic Alliance launched the application against the finance minister, the South African Revenue Service, the Speaker of the National Assembly and the Chairperson of the National Council of Provinces.

IFP leader Velenkosi Hlabisa. (@GovernmentZA/X)

Hlabisa calls for stability as VAT fallout threatens to capsize GNU

The Inkatha Freedom Party president said the VAT debate should not be weaponised to derail the coalition government’s primary mandate of ensuring economic stability and service delivery

Staying put: Finance Minister Enoch Godongwana is under pressure from some political parties to resign over the VAT drama and the national budget. (Dwayne Senior/Bloomberg via Getty Images)

Budget 2.0: Political parties divided over VAT hike, albeit lower than initial proposal

The Democratic Alliance said the budget would struggle to pass in parliament, given the ANC’s lack of a majority

Agriculture Minister John Steenhuisen. (Delwyn Verasamy/M&G)

Steenhuisen reiterates DA opposition to tax hikes

His party would have yielded if any increases were guaranteed to be temporary and tied to an overhaul of state spending patterns

Finance Minister Enoch Godongwana. (Photo: Mlungisi Louw/Gallo Images)

Godongwana: We looked at every alternative to VAT hike

The finance minister suggests that much of the opposition wrangling is part of a broader political battle

Firm: Democratic Alliance finance spokesperson Mark Burke said the DA will not bend on increasing VAT to make up a budget shortfall. Photo: DA/X

Budget impasse down to the wire

Any VAT increase is probably off the table, leaving the treasury to look for revenue without bringing the coalition to the brink

Cyril Ramaphosa, South Africa’s president, shows the signed bill for National Health Insurance signed into law in Pretoria, South Africa, on Wednesday, May 15, 2024. (Leon Sadiki/Bloomberg via Getty Images)

The National Health Insurance means a higher tax burden for South Africans

If value-added tax were to be used to fund the insurance, it would have to rise from 15% to 21.5%