VATupdate

Share this post on

South Africa Opens Consultation on 2025 Budget Draft Bills, Including VAT on Low-Value Imports

  • South African Revenue Service opened consultation on draft bills and regulations
  • Purpose is to implement proposals from the 2025 Budget
  • Includes measure to impose VAT on low-value imports
  • Comments are due by September 12

Source: news.bloombergtax.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.

Sponsors:

VATIT Compliance
Pincvision

Advertisements:

  • Pincvision