VAT raise for May, Fuel price cut and Naamsa sales statistics for March
VAT to rise to 16% in South Africa Finance Minister Enoch Godongwana has announced that the value-added tax (VAT) will be increased to 16% by 2026/27 during the delayed 2025 Budget speech on Wednesday, 12 March 2025. VAT will increase by 0.5 percentage points in May 2025 and by another 0.5 percentage points in April […]
