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Proposed Amendment to VAT Act for Rental Stock under National Housing Programme in South Africa

  • VAT treatment of rental stock paid under the National Housing Programme to be clarified
  • Amendment to the VAT Act to address deeming provision related to rental stock
  • Details announced by South Africa’s Finance Minister in National Budget address on 21 February 2024

Source: assets.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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