- 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.
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