- The SARS Commissioner welcomes the agreement and court order on VAT matters.
- The court order provides clarity for SARS to administer the VAT Act.
- The 0.5 percentage point VAT increase set for 1 May 2025 is suspended.
- VAT vendors should readjust systems to the 15% rate.
- Consumers should ensure they are charged the correct 15% VAT rate.
- If charged 15.5%, consumers should resolve it with the vendor.
- Contact [email protected] for more information.
Source:
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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