- On July 30, 2026, South Africa’s National Treasury and SARS released the 2026 Draft Taxation Laws Amendment Bill for public comment.
- The draft includes VAT proposals to extend the claw-back rule to non-registered lessors for leasehold improvements.
- It also tightens documentation rules for vendors trading in second-hand goods to reduce fraudulent notional input tax claims.
- Proposed zero-rating of gold supplies to banks was left out of this draft pending further consultation.
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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