- Proposed amendment to VAT Act regarding prescription period for input tax claims
- Clarification that unclaimed input tax deductions can be claimed in the tax period when vendor became entitled to deduction
- Details about proposed VAT changes in South Africa included in National Budget address by Finance Minister Enoch Godongwana
Source: assets.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.
Latest Posts in "South Africa"
- BGR16 Compliance Requirements Critical for VAT Apportionment
- Draft Customs Act Amendments for Electricity Levy Repeal and Related Schedules
- High Court Curb on Finance Minister’s Tax-Rate Powers
- SARS to Require Pre-Declaration of Foreign Vehicles from 1 June 2026
- High Court Rules Minister Cannot Set VAT Rate Without Parliamentary Approval
