VATupdate

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Key Tax Proposals in the 2026 National Budget: VAT Changes and New Penalties Announced

  • Mixed supplies of goods or services as part of entertainment will be standard rated for VAT.
  • VAT on imported services must be paid in foreign currency.
  • Penalties will be introduced for failing to pay VAT on imported services.

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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