- National Treasury in South Africa is making changes to VAT treatment for Electronic Services Providers
- Consultation on reverse charge mechanism for B2B digital services by non-residents happened on August 31, 2024
- New system will start on April 1, 2025
- South African businesses will now have VAT reporting responsibilities instead of non-resident suppliers
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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