- VAT regulations will be developed in 2027 to support the Value Added Tax Act, 2026 (Act 1151).
- A cross-border technology solution for collecting VAT from nonresident digital platforms has been successfully piloted and is awaiting regulatory approval for nationwide rollout.
- Fiscal electronic devices (FEDs) are in an advanced pilot stage and will be rolled out nationwide after completion.
- The FED rollout will be paired with a VAT reward scheme to improve compliance.
Source: kpmg.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.
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