One of the most notable changes is the increase in Value-Added Tax (VAT), which will rise from 15% to 15.5% on May 1, 2025, with another 0.5% increase coming in 2026.

The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.

South Africa s finance minister unveiled Wednesday a budget with a smaller increase in value added tax than previously proposed, but it ...

Discover how South African experts are reacting to the 2025 Budget Speech, highlighting concerns over VAT increases, youth ...

Living on portfolio income is living the dream. Although many retirees are woefully short on savings, some manage to kick off their golden years with plenty of money. But having a giant nest egg doesn ...

Finance Minister Enoch Godongwana has proposed a phased VAT increase of 0.5 percentage points in 2025 and 2026, bringing the ...

Shocking official figures showed that an extra 680,000 workers were dragged into the 40 per cent tax bracket compared to a ...

THE 2025 Budget maintains fiscal consolidation while acknowledging risks. It supports economic growth through increased infrastructure investment and manages spending pressures with a phased VAT rise ...

The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than ...

Emerging market local bonds in our view offer attractive opportunity to invest in a high-yielding asset class with low ...

Inflation isn't just a buzzword -- it has real effects on your finances, from the interest rates on loans to the value of ...

Jamie Dimon's financial management wisdom has been honed by over 40 years' experience in the finance world with nearly 20 of ...