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South Africa Implements VAT Changes for Electronic Services Providers

  • National Treasury in South Africa is making changes to VAT treatment for Electronic Services Providers
  • Consultation on reverse charge mechanism for B2B digital services by non-residents happened on August 31, 2024
  • New system will start on April 1, 2025
  • South African businesses will now have VAT reporting responsibilities instead of non-resident suppliers

Source: fiscal-requirements.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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