VATupdate

Share this post on

SARS Proposes Digital VAT Model to Boost Compliance and Cut Fraud

  • SARS is seeking public comment on a proposed digital VAT model to modernize administration, improve compliance, and reduce fraud.
  • The model uses a five-corner DCTCE architecture with e-invoicing, interoperability, and e-reporting to share VAT data in near-real time.
  • It aims to improve SARS visibility, strengthen fraud detection, reduce compliance costs, and support future pre-filled returns and automated assessments.
  • Implementation will be phased: preparation through 2026/27, voluntary pilots around 2029/30, then a three-year rollout starting in 2030 before mandatory use.
  • Stakeholders can submit feedback on the Consultation Paper by October 16, 2026.

Source: freightnews.co.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.



Sponsors:

Pincvision
Fiscal Solutions Bottom

Advertisements:

  • advert
  • iopole