- President Cyril Ramaphosa announced planned changes to South Africa’s value-added tax regime
- There is a push to make protein-rich products like chicken VAT-exempt
- South African Poultry Association urged the government to include chicken in the basket of essential food items exempt from VAT
- PwC flagged potential changes to VAT levied on cross-border electronic services
- National Treasury’s Tax Matters and Revenue Laws section outlined VAT proposals for further study
- VAT collection for cross-border electronic services has been a focus since 2014
- Changes in VAT regulations have impacted foreign eCommerce suppliers offering services in South Africa
Source: businesstech.co.za
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.
