VATupdate

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Double-Blow for VAT in South Africa

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

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