Load shedding and bad faith actors are taking their toll on value-added tax (VAT) revenue collection, says financial services firm PwC in its latest VAT and Indirect Taxes in Africa report.
The standard VAT rate of 15% applies to all supplies of goods or services in the country – administered by the South African Revenue Service (SARS).
- Load Shedding and Bad Guys
- VAT Comparison
Source: businesstech.co.za