o mitigate the potential impacts of the new value-added tax (VAT) rate of 12 percent beginning in January 2025, the government has decided to exempt 15 commodities from the new VAT rate or waive ...
The compulsory threshold for value-added tax (Vat) registration has been R1 million for the past 16 years. If it had kept ...
The National Board of Revenue (NBR) has decided to reassess the 15% VAT imposed on the restaurant sector. On Wednesday, the ...