Tax updates across Africa, simplified
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
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
For over a decade, the African Tax Administration Forum (ATAF) and the African Development Bank (AfDB) have joined forces to drive Africa’s development through innovative resource mobilisation strategies. This collaboration …
ATAF, AfDB’s Decade of Strategic Partnership now Active 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
The issue of waiving Value Added Tax VAT from chicken in South Africa has made it to the limelight with advocacies from concerned stakeholders and taxpayers. At the forefront of …
A Call to Waive VAT from Chicken in South Africa Read MoreA report from the South Africa Revenue Service, SARS is showing that South Africa lost over 6,000 taxpayers in 2022 alone due to emigration to other countries. SARS have also …
South Africa Lost Over 6,000 Taxpayers In 2022 Read More
The major stakeholder in the industry rejects a proposed 63.33% and 68.33%. excise duty from the previous 38.33% The Automobile Association has blatantly condemned a regime of South Africa Tyre …
South Africa Tyre Tax: Automobile Association Condemns New Tax Read More