Budget tabled by Finance Minister, Enoch Godongwana in Parliament on Wednesday, 12 March 2025, saw the 2% VAT increase initially proposed in February 2025 replaced by two consecutive 0,5% increases, ...

The revised approach to VAT increases announced in the delayed Budget speech represents a concession by Treasury while still striving to meet the revenue requirements necessary to offset government ...

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

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

Issue e-commerce tax withholding certificates to Sellers annually and submit data to tax authorities. The tax withholding certificate must contain detailed transaction information, including the ...

In his second term as US president,Donald Trump wants to put "the American worker first"  and has imposed tariffs of 25% on EU imports. Member countries of the European Union, and countries ...

Nigeria's parliament passed tax reform bills, aiming to improve revenue collection and streamline tax laws. However, key proposals like VAT increase and revenue allocation were modified. The bills ...

The House of Representatives has adopted the report of its Finance Committee on the Four Tax Reform Bills. This followed ...

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

The House of Representatives on Thursday adopted President Bola Tinubu’s four tax reform bills after a detailed clause-by-clause review.

South Africa's budget faces opposition as political parties debate a crucial increase in value-added tax. Finance Minister ...

Most big parliamentary parties rejected Finance Minister Enoch Godongwana's revised budget on Wednesday, despite it scaling ...