South Africa’s Budget more than doubles VAT registration threshold to R2.3 million South Africa has more than doubled its compulsory VAT registration threshold, from R1 million to R2.3 million, taking thousands of smaller businesses out of mandatory VAT registration. The new threshold applies from 1
VAT audits expand as SARA targets compliance gaps amid fiscal pressure Following a political backlash that threatened the cohesion of South Africa’s ruling coalition, the government has formally abandoned its proposed 1% VAT rate increase. Instead, the South African Revenue Service (SARS) is shifting its
South African Revenue Service issues guidance on implementing 0.5% VAT rise 1 May 2025 As part of the 2025 National Budget, the South African government announced an increase in the VAT rate from 15.0% to 15.5%, effective 1 May 2025. A further increase to 16.0%
1 April 2025, VAT on non-resident digital services reforms South Africa is to reform its non-resident digital services VAT regime from 1 April 2025. There are three main changes: Withdrawing the obligation for foreign providers of digital services to VAT register in South Africa if
