The SA Revenue Service (SARS) has issued a warning to vendors and consumers about the implications of the reversal of the scrapped 0.5% VAT rate increase. SARS Commissioner, Edward Kieswetter, noted ...

Government will now have to find some other way of plugging a revenue hole of at least R75 billion after it bowed to pressure and scrapped an increase in Value Added Tax (VAT), which economists said ...

At 15 minutes past midnight on Thursday, April 24, Finance Minister Enoch Godongwana announced that the controversial VAT hike had been scrapped. Less than 10 hours later, a DA livestream proclaimed ...

The National Federation of Roofing Contractors (NFRC) has issued a call for action across the construction sector as HMRC transitions from an "educational" phase to strict enforcement.