What a VAT increase could mean, and how to plan
Planning for a possible increase in the VAT rate means a business owner needs to understand the implications they hold for small businesses.
Rossiter explained the implications could include:
- Increased operational costs
- Pricing Strategies….
Source: www.iol.co.za
Latest Posts in "South Africa"
- Eswatini’s E-Invoicing Initiative: Advancing Tax Compliance and Digital Transformation by January 2028
- South Africa to End VAT Exemption on Low-Value Imports, Impacting eCommerce and Education
- South Africa to Implement E-Invoicing and Real-Time VAT Reporting in Major Tax Overhaul
- Law to Phase Out Import VAT Relief on Small Parcels
- South Africa Proposes VAT Amendments to Implement E-Invoicing and E-Reporting Systems
