“The VAT Act has not kept up with the rapid expansion in digital technologies and the proliferation in business promotion initiatives involving vouchers. Perhaps now is the time to review and amend these provisions.”
Source: techfinancials.co.za
Latest Posts in "South Africa"
- SARS Seeks Public Input on Customs Rules for Transfer Pricing Adjustments, Ending October 2025
- South Africa’s New Voluntary Disclosure Programme to Revolutionize Customs and Excise Compliance
- South Africa Prepares Major VAT Reforms
- 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