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South Africa VAT digital reporting & e-invoicing

12 June 2024 in

Continuous Transaction Controls

SARS considers e-invoicing / digital VAT transaction reporting with pre-filled returns The South African Revenue Service (SARS) is expected to shortly conclude on its plans to implement e-invoicing and digital reporting. This is likely to be based on a PEPPOL framework. In September 2023, SARS

South Africa VAT on digital services non-residents – reverse charge

17 May 2024 in

digital services

Potential introduction of reverse charge on B2B sales by non-residents The South African National Treasury is looking at ending the obligation on non-resident providers and digital platforms to charge VAT on digital services to VAT-registered businesses. Instead, the reverse charge would apply, leaving the reporting

South Africa VAT rise prospect

2 November 2023 in

South Africa

Mid-term budget lays ground for rise from current 15% The South African Finance Ministry’s mid-term budget indicates a fund gap likely to be filled by a VAT rise in next year’s 2024 budget. Most government departments expect to run out of money by March 2024.

South Africa VAT guide

27 October 2022 in

Country VAT guide

VAT compliance and reporting rules in South Africa Country VAT guides Below is summary of the major rules provided under South African VAT rules (Value Added Tax Act. 1991). Check our country VAT guides for other jurisdictions. Our VAT Calculator & VAT Filer products on a single platform, VAT

Category: South Africa

South Africa VAT digital reporting & e-invoicing

South Africa VAT on digital services non-residents – reverse charge

South Africa VAT rise prospect

South Africa VAT guide

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