- Significant changes to the registration regime for Foreign Donor Funded Projects took effect on 1 April 2020
- Implementing agencies were required to register a separate branch for each project
- This created an administrative burden for SARS and implementing agencies
- International donor funding agreements require strict record-keeping and approval from the Minister of Finance
- Section 8(30) allows multiple projects to be merged into a single VAT branch if additional requirements are met
- Section 50(2A) includes transitional rules for projects registered before 1 January 2025
- Amendments became effective on 1 January 2025
- Further information is available in the updated VAT Reference Guide for Foreign Donor Funded Projects Issue 3
Source: sars.gov.za
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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