In July 2019, the South African National Treasury (Treasury) issued the draft Taxation Laws Amendment Bill (TLAB). The TLAB includes proposed amendments to the Value Added Tax Act (VAT Act) with respect to certain aspects of foreign donor funded projects (FDFPs).
Source: BDO
Latest Posts in "South Africa"
- Temu Now Includes VAT and Import Duties at Checkout for South African Shoppers
- Nearly 50,000 Businesses Evade Mandatory VAT Registration, Sars Cracks Down on Non-Compliance
- Tax Implications of Developing Recreational Facilities During Mining Property Rehabilitation: BPR 425
- South Africa Clarifies Use of Varied Turnover-Based VAT Apportionment Method for Retail Companies
- South Africa Clarifies VAT Apportionment Rules for Money Transfer Services Using Transaction Count Method
