- SARS has issued a VAT Modernisation Consultation Paper for public comment, inviting stakeholders to help shape a more digital and efficient VAT system.
- The proposal builds on 2023 feedback and introduces a “Digital VAT Model” combining e-invoicing, interoperability, and e-reporting.
- The goal is to move from manual, retrospective compliance to secure near-real-time data flows and automated VAT assessments.
- SARS expects better supply-chain visibility, reduced fraud, and a smaller compliance gap, while vendors should benefit from lower admin costs and faster VAT refunds.
- Written comments are due by October 16, 2026.
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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