The House of Representatives has retained Value Added Tax, VAT, at 7.5 per cent and rejected a staggered increase to 15 per ...

A little more than two weeks ahead of the government’s planned 50 percent value-added tax (VAT) cut on unprepared food items, ...

Take advantage of tax-free savings accounts, medical aid deductions, and retirement contributions to reduce taxable income ...

The House of Representatives has approved the Tax Reform Bills submitted by President Bola Tinubu following the consideration ...

The House of Representatives has approved a new VAT sharing formula, allocating 55 percent to states and 35 percent to LG councils.

The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...

The House of Representatives on Thursday considered and adopted the reports of its committee on finance regarding the four ...

The uMkhonto weSizwe Party (MKP) on Friday termed the proposed value added tax (VAT) increase a “declaration of war” against ...

Nigeria's lower house of parliament passed four tax reform bills proposed by President Bola Tinubu on Thursday, marking ...

Budget, tabled by Finance Minister Enoch Godongwana on Wednesday, 12 March, is good news for South African taxpayers.

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.