- The VAT exempt declaration threshold at borders was raised from E1,000 to E10,000, increasing compliance and transparency.
- Customs reforms have boosted SACU receipts and improved revenue integrity without raising tax rates.
- VAT compliance gaps of about E4 billion annually will be addressed through enforcement, not rate hikes; VAT collections are projected to rise by 24.8%.
- Essential goods like sanitary pads and medical supplies are now zero-rated or VAT-exempt to ease household costs.
- No new tax increases are planned except for SACU-aligned excise duties; digital transformation and automation are central to improving tax and customs administration.
Source: parliament.gov.sz
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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