- VAT on petroleum products will be collected starting 02 July 2025
- All invoices must include 18 percent VAT
- Traders must submit stock quantities as of 2nd July 2025 at 6:00am
- Change EBM settings to reflect 18 percent VAT and issue EBM receipts
- Register for VAT through etax and note the VAT declaration period
- Buyers are encouraged to request EBM receipts to benefit from a 10 percent VAT reward
Source: facebook.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.
