The requirements under the new regulation are more comprehensive than under the previously applicable rules prescribed in Binding General Ruling 28 (BGR28).
Source: KPMG
Latest Posts in "South Africa"
- 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
- South Africa Budget 2026: Higher VAT Threshold and New Crypto Reporting Rules Announced
- Sanitised VAT Rulings Published: Consideration, Apportionment, Auctioneering Artwork, Student Accommodation
- South Africa Raises VAT Threshold and Implements New Crypto Reporting Rules for 2026-2027
