Tax updates across Africa, simplified
South Africa’s Finance Minister, Enoch Godongwana, has come under fire from several political parties following the announcement of the 2025/2026 budget. The proposal to increase Value Added Tax (VAT) by …
South Africa Faces Backlash Over Proposed VAT Hike in 2025/2026 Budget Read More
For the first time since the end of apartheid in 1994, South Africa’s annual budget presentation has been postponed. The delay comes amid internal conflicts within the coalition government, particularly …
Tax Dispute Forces Historic Delay in South Africa’s Budget Presentation Read More
South Africa Proposes Tax on Google, Facebook, AI Platforms. South Africa’s Competition Commission has proposed a new tax on global tech giants, including Google, Facebook, and AI platforms like ChatGPT, …
South Africa Proposes Tax on Google, Facebook, AI Platforms Read More
South Africa’s national budget presentation was postponed on Wednesday due to a dispute between the country’s two largest ruling coalition parties over a proposed increase in Value-Added Tax (VAT). The …
Budget Delays in South Africa Over VAT Hike Read More
South Africa’s Democratic Alliance (DA) has voiced strong opposition to any proposed tax increases, following reports that the finance ministry is considering additional levies to address the country’s fiscal challenges. …
Democratic Alliance Opposes Potential Tax Hikes in South Africa Read More
South Africans may soon face another financial strain as Deloitte experts predict an increase in fuel taxes, potentially adding to the mounting cost pressures on consumers. Momohlwa Mohlola, Associate Director …
Deloitte Warns of Imminent Fuel Tax Hike in South Africa Read More
The South African rand weakened on Thursday as investors turned their focus to President Cyril Ramaphosa’s annual State of the Nation Address (SONA) for insights into the country’s economic and …
South African Rand Weakens as Markets Await Ramaphosa’s Economic Address Read More
South Africa is witnessing a rising trend of high-net-worth individuals opting to cease their tax residency. This shift is driven by better investment opportunities, higher income potential, and improved lifestyle …
Wealthy South Africans Relinquish Tax Residency Read More
South Africa Enacts Global Minimum Tax Law: Multinationals to File First Returns in 2026 In a landmark move to curb tax avoidance and ensure fair competition, South Africa has enacted …
South Africa Enacts Global Minimum Tax Law Read More
South Africa Adopts Global Minimum Tax Law. In a groundbreaking effort to combat tax evasion and ensure equitable taxation among multinational corporations, South Africa has officially enacted the Global Minimum …
South Africa Adopts Global Minimum Tax Law Read More