Source EY
Indirect Tax Measures:
- Reviewing the value-added tax (VAT) accounting basis option available for an intermediary
- Broadening the VAT relief under corporate reorganization rules by allowing the vendors to elect which provision to use
- Clarifying the VAT treatment of irrecoverable debts
- Reviewing the section 72 decision with regards to the VAT treatment of:
- Telecommunication services
- Cross-border leases of foreign-owned ships, aircraft and other equipment for use in RSA
- Management of superannuation schemes
- Introducing export taxes on scrap metals
- Aligning the carbon fuel levy adjustment with the Carbon Tax Act
Latest Posts in "South Africa"
- South Africa to Launch Mandatory E-Invoicing and E-Reporting by 2028 Under New VAT Framework
- Court Upholds 15-Year Sentence for R3.6m VAT Fraud, Denies Juan Maritz’s Appeal
- South Africa’s E-Invoicing and Real-Time VAT: Transforming Tax Compliance and Business Transparency
- South Africa Raises Public Officials’ Pay as VAT Hike to 16% Approaches in 2026
- South Africa VAT 2026: Sars Intensifies Enforcement as Businesses Face Heightened Legal Risks
