Rossouw and Co Inc

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Changes in VAT coming. Here are some explanations

Big VAT changes in South Africa explained President Ramaphosa announced plans to expand the list of VAT-exempt food items, despite the potentially severe negative impact on government finances.

Some changes coming relating to VAT and tax treatment of global operations

Major tax changes coming for South Africa South Africa’s National Treasury is considering VAT adjustments and reviewing tax treatment for businesses with global operations.

Tax hikes are coming to fund NHI

NHI tax hikes are coming The government has again confirmed that tax changes and tax hikes will be used to fund the NHI – it’s just waiting on Ramaphosa to sign the scheme into law.

SARS changes the rules for certain businesses - Importers

SARS changes the rules for certain businesses in South Africa The South African Revenue Service (SARS) will require specific businesses in South Africa to provide payment notifications starting from 1 December 2023.

SARS set to squeeze taxpayers for more

Sars set to squeeze taxpayers for more Aggressive debt collection, increased audits, and efforts to curb Vat fraud and stem illicit trade set to pile on the pressure.