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Wednesday, May 21, 2025

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tax

OUTA supports Amendment Bill to limit ministers’ benefits and save taxpayers millions

The Organisation Undoing Tax Abuse (OUTA) has submitted a formal request to Parliament in support of the Remuneration of Public Office Bearers Amendment Bill, aimed at limiting benefits for ministers and enhancing transparency in government spending.

News Politics
Simon Majadibodu|Published

ANC to blame for Trump's tariffs on SA, says AfriForum, ignoring global trade policy

AfriForum's Kallie Kriel holds the ANC accountable for Donald Trump's punitive tariffs on South Africa, urging a change in direction to protect the nation's interests.

The Star
Xolile Mtembu|Published

ANC to blame for Trump's tariffs on SA, says AfriForum, ignoring global trade policy

AfriForum's Kallie Kriel holds the ANC accountable for Donald Trump's punitive tariffs on South Africa, urging a change in direction to protect the nation's interests.

News Politics
Xolile Mtembu|Published

SA Budget turmoil: VAT hike blocked as GNU faces historic showdown

The imminent National Budget Vote is fraught with potential pitfalls as coalition tensions simmer.

Business Economy
Nicola Mawson|Published

DA loses VAT fight, accuses ANC and ActionSA of betraying the country

The DA said their suggestion would have created growth and jobs, cut the waste in government and stopped VAT hikes – but the ANC and ActionSA have denied South Africa economic growth.

Business Economy
Sinenhlanhla Masilela|Published

ANC backs ActionSA’s bid to scrap VAT hike in 2025 Budget showdown

In a crucial political move, the ANC supports ActionSA's bid to remove the VAT increase, promising relief for struggling taxpayers amidst ongoing budget discussions.

Business Economy
Se-Anne Rall|Published

SA Revenue Service collects record revenue ahead of Budget vote

ars has set a new benchmark by collecting R2. 303 trillion in gross revenue for the 2024/25 fiscal year, surpassing expectations just before the crucial Budget vote. This achievement not only reflects the agency's efficiency but also promises significant benefits for taxpayers and the economy.

Business Report Economy
Philippa Larkin|Published

Shauwn Mkhize embraces positivity amid Royal AM drama and tax controversy: 'Life happened, it hurt. I healed'

Businesswoman Shauwn Mkhize shared her uplifting journey of healing and positivity amid the turmoil surrounding her former football club, Royal AM, following a significant tax controversy.

Entertainment Celebrity News
Oluthando Keteyi|Published

Workers cannot afford for Parliament not to pass a progressive Budget - Cosatu

With Parliament facing unprecedented delays in passing a progressive Budget, South African workers are at risk. Discover why timely budget approval is essential for social grants and public services.

Business Report Opinion
Solly Phetoe|Published

Exploring the connection between year-end bonuses and homeownership trends in SA

Existing homeowners, especially those with variable-interest rate bonds, could find it harder to keep up with bond payments, increasing the risk of foreclosures.

Property Residential
Given Majola|Published

KZN Finance MEC Francois Rodgers proposes tax on online gaming and betting to bolster provincial revenue

KwaZulu-Natal Finance MEC Francois Rodgers has called for legislation to tax online gaming and gambling, describing it as an 'enormous untapped revenue source' that could help address the province's financial challenges.

Business
Mthobisi Nozulela|Published

Donald Trump claims club championship victory . . . but golf fans think he has done a Kim Jong-Il

Donald Trump announces his latest golf victory, but fans are sceptical, drawing humorous comparisons to Kim Jong-Il's legendary claims.

Sport Golf
John Goliath|Published

VAT increase: Which grocery items are exempt from VAT in South Africa?

Understand how the VAT increase affects your grocery shopping and discover which essential items remain exempt.

Business Advice
Vernon Pillay|Published

Edward Kieswetter reveals 100,000 high earners are evading tax in SA

SARS Commissioner Edward Kieswetter highlights the urgent need to register 100,000 high earners to recover R100 billion in potential tax revenue.

Business Advice
Vernon Pillay|Published

Budget 2025: Government’s public sector wage agreement, a R23,4 billion commitment

The South African government has signed a three-year public sector wage agreement costing R23,4 billion, ensuring salary increases for civil servants and early retirement incentives.

News Politics
Mayibongwe Maqhina|Published

Minister Enoch Godongwana proposes incremental VAT increase over two years

Finance Minister Enoch Godongwana reveals plans for VAT increases and essential support measures for low-income households in the 2025 Budget Speech.

Business Advice
Vernon Pillay|Published

Finance Minister Enoch Godongwana expected to insist on VAT increase | Budget Speech 2025

Finance Minister Enoch Godongwana's upcoming Budget speech is expected to propose a VAT increase, sparking opposition from various political parties amid concerns over South Africa's economic challenges.

Business Advice
Vernon Pillay|Published

South Africa's Budget deadlock | GNU partners at odds over VAT and grants

With just 48 hours until the crucial 2025 Budget Speech, tensions escalate between the DA and ANC over proposed VAT increases and social grant reforms, threatening to derail South Africa's first GNU budget presentation.

Business Advice
Vernon Pillay|Published

How 2% VAT hike may affect your property purchase in South Africa

South Africa's proposed 2% VAT increase could significantly impact property buyers, particularly those purchasing new homes. Learn how this tax adjustment might affect property costs, from purchase prices to associated services, and what it means for the real estate market.

Business Report Opinion
Michael-Anne Abrahams|Published

South Africa's Budget crisis: could a temporary VAT increase be the solution? - Donald MacKay

South Africa's mounting budget deficit requires decisive action. This analysis explores why a temporary VAT increase to 17% could be the solution, examining the potential impact on the economy and how it could be implemented with proper safeguards for vulnerable populations.

Business Report Opinion
Donald MacKay|Published

VAT to get FAT by 2%

For ordinary South Africans, the VAT hike translates to higher prices for most goods and services, says the writer

The Post Opinion
Opinion|Published

Sars Commissioner urges G20 leaders to focus on tax collection, not hikes

Sars Commissioner Edward Kieswetter addresses G20 delegates, advocating for improved tax collection methods instead of increasing taxes on citizens.

Business Jobs
Vernon Pillay|Published

Proposed 9. 9% increase in eThekwini waste management fees

EThekwini Municipality's Cleansing and Solid Waste Unit plans to increase domestic refuse removal tariffs by 9. 9% from July 2025. This decision has sparked criticism from local residents and ratepayer associations, who argue that service delivery issues must be addressed before any price hikes.

News South Africa
Zainul Dawood|Published

Cosatu calls for progressive Budget alternatives ahead of March 12 Parliament return

Cosatu welcomes Cabinet's decision to reconsider the 2% VAT hike while emphasising the need for a balanced budget that strengthens public services, stimulates economic growth, and protects the working class. The union federation outlines key priorities ahead of the March 12 Budget presentation.

Business Report Economy
Opinion|Published

South Africa’s tourism industry relieved as government halts proposed VAT hike

South Africa's government postpones a proposed VAT increase, sparking relief and renewed discussions among tourism leaders about the potential impact on the industry.

Travel South Africa
ZamaNdosi Cele|Published