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Vendors are expected to charge VAT at the rate of 15% and not 15.5% for the relevant goods and services as per the VAT Act.
Since then, we have noted the formal tabling of the Rates and Monetary Amounts and Amendment of Revenue Laws Bill [B14—2025], ...
SARS has confirmed that it will implement Finance Minister Enoch Godongwana’s decision to reverse the planned 0.5% increase ...
THE Bureau of Internal Revenue (BIR) said non-resident foreign digital service providers (DSPs) have until June 1 to register ...
They highlighted high interest rates on bank loans, lack of access to finance, higher VAT and tax rates and its complex ...
The United States and the European Union still need a lot of work to reach a deal that would prevent the imposition of ...
Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...
SOUTH Africans heaved a collective sigh of relief after the government reversed a decision to impose the divisive value added tax (VAT). However, this relief has emerged as a source for parties in and ...
Sole traders and landlords will have to start reporting their earnings digitally on a quarterly basis to HMRC from April 2026 ...
South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...
Get expert help with VAT registration, exemptions, and compliance in the Philippines for foreign-owned businesses.
South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...