The euphoria that accompanied João Lourenço’s new presidency has ebbed away amid the stark realities of a profoundly dysfunctional political economy.
Articles on Value added tax
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South Africa’s finance minister delivered a budget that tried to balance serving the public interest, while maintaining the stability of public finances.
The review of South Africa’s list of zero rated VAT items faces a tricky challenge of shielding the poor while ensuring that the relief isn’t exploited.
The South African Reserve Bank needs to guide the market on how it is going to treat VAT increase in its inflation targeting approach.
A revenue shortfall of about R50 billion has pushed the South African government to hike Value Added Tax (VAT) among other taxes.
The South African budget speech echoed the theme of rebuilding set out by President Cyril Ramaphosa in his state of the nation address.
The South African government should weigh its decision carefully whether to increase value added tax (VAT) as indirect taxes fall most heavily on the poor and the middle class.
Value added tax (VAT), virtually non-existent before 1960, has been the predominant form of consumption tax since the mid-1980s. Given that more than 160 countries now have a VAT, it is hardly surprising…
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Associate Professor in Taxation, Stellenbosch University
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Visiting Professor at the Business School, University of the Witwatersrand
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Professor of Law, University of Sydney
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Professor of Finance & Insurance, University of the Witwatersrand
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SNF Eccellenza Professor, University of Basel
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Senior Research Associate, University of Johannesburg
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Senior Lecturer in Tax, University of Johannesburg