- SARS Commissioner Edward Kieswetter advises consumers to check their invoices carefully.
- Companies are rushing to revert their systems to a 15 percent VAT charge by 1 May.
- The Western Cape High Court has suspended the proposed VAT increase of 0.5 percentage points.
- The VAT rate will remain at 15 percent instead of rising to 15.5 percent on 1 May.
- Political parties are pressuring Finance Minister Enoch Godongwana to reverse the VAT increase decision.
- The DA and the EFF are challenging the proposed VAT increase in court.
Source: enca.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
