Finance Minister Enoch Godongwana has rejected calls for him to step down following the controversy over the decision to ...

THE national government’s budget deficit spiked by 75.62 percent in the first quarter of the year due to the sharp rise in ...

THE NATIONAL Government’s (NG) budget deficit ballooned in March as revenues slipped and state spending jumped ahead of the election ban, the Bureau of the Treasury (BTr) said.

While reimbursements seem straightforward, they carry tax implications that must be managed carefully. Businesses must be aware of these implications to mitigate potential tax risks and avoid reducing ...

Remanufactured “cores,” or used vehicle parts, are essential to the automotive industry but present distinct special tax and accounting considerations.

Hank Vat, public information officer for Montgomery County ESD 7, said the proposition would increase the sales tax rate in the unincorporated areas of Splendora from 7.75% to 8.25%, if approved.

The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...

Currently, refrigerators and air conditioners are taxed at a reduced 7.5% VAT rate at the manufacturing stage, a policy that the National Board of Revenue (NBR) now plans to increase to the standard ...

Retailers face growing VAT challenges worldwide. Discover four key strategies to improve compliance, reduce customer friction ...

South African Finance Minister Enoch Godongwana announces the reversal of the proposed VAT increase, providing short-term relief for consumers and businesses. This article explores the implications of ...

They highlighted high interest rates on bank loans, lack of access to finance, higher VAT and tax rates and its complex ...

The United States and the European Union still need a lot of work to reach a deal that would prevent the imposition of ...