- Chairperson of Finance and National Planning Committee tabled Finance Bill 2024 on May 13, 2024
- Changes effective from July 1, 2024
- Proposal to delete Section 17(5)(d) of VAT Act
- Removes requirement for VAT refund applications to be lodged within 24 months
- VAT refunds will no longer be time-barred
Source: globaltaxnews.ey.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.
