Source EY
Indirect Tax Measures:
- Reviewing the value-added tax (VAT) accounting basis option available for an intermediary
- Broadening the VAT relief under corporate reorganization rules by allowing the vendors to elect which provision to use
- Clarifying the VAT treatment of irrecoverable debts
- Reviewing the section 72 decision with regards to the VAT treatment of:
- Telecommunication services
- Cross-border leases of foreign-owned ships, aircraft and other equipment for use in RSA
- Management of superannuation schemes
- Introducing export taxes on scrap metals
- Aligning the carbon fuel levy adjustment with the Carbon Tax Act
Latest Posts in "South Africa"
- South Africa’s 5-Corner Peppol Integration to Modernize E-Invoicing and VAT Reporting by 2028
- New VAT Apportionment Reporting Requirements to SARS: Compliance and True-Up Adjustments Explained
- High Court Upholds Tax Court Ruling: Payroll Service Provider Not Liable for SDL and VAT
- Eswatini’s E-Invoicing Initiative: Advancing Tax Compliance and Digital Transformation by January 2028
- South Africa to End VAT Exemption on Low-Value Imports, Impacting eCommerce and Education
