SARS welcomes court ruling suspending May 1 VAT increase
[FILE IMAGE] 2 minutes The South African Revenue Service (SARS) has welcomed a court order suspending the planned 0.5% Value Added Tax (VAT) increase that was set to take effect on 1 May 2025. The suspension comes after the Western Cape High Court set aside Parliament’s approval of the fiscal framework enabling the hike. SARS…
