The South African Revenue Service (SARS) has published new VAT guidance on electronic services provided by non-resident intermediaries and suppliers. Effective from January 5, the updates include an exemption from VAT registration for non-resident intermediaries and suppliers in cases where the value of taxable supplies exceeds 1 million South African rands within 12 consecutive months, due to temporary abnormal circumstances.
Source: GVC
Latest Posts in "South Africa"
- 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
- South Africa to Implement E-Invoicing and Real-Time VAT Reporting in Major Tax Overhaul
- Law to Phase Out Import VAT Relief on Small Parcels