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Changes to SARS VAT Verification Letters
SARS has introduced a more targeted and detailed approach to VAT verifications, moving beyond standardised requests to more comprehensive, VAT201-specific queries. These changes require businesses to maintain robust documentation and readiness, especially around exports, imports, and exempt supplies. Learn more about what’s changed and how to prepare.

Ruan Jansen van Vuuren
Jun 172 min read


2025 Budget – Proposed changes to tax treatment of forex on specific foreign debt
Paying interest to an offshore group company? Proposed changes to section 23M may limit your tax deductions, including forex losses. Don’t get caught off guard—early planning is key.

Nadia van Aswegen
Apr 172 min read


VAT Changes Checklist 2025
VAT Change Checklist—a practical guide to help you assess key areas of focus for compliance and operational readiness.

Deon Le Roux
Mar 281 min read


Corporate Income Tax in South Africa: A Strategic Approach in the 2025 Budget
The 2025 Budget avoids rate hikes, favouring long-term stability through global tax reforms and detailed technical enhancements.
Johanni Swart
Mar 133 min read


Proposed VAT rate increases from 15% to 15.5% on 1 May 2025 and to 16% on 1 April 2026.
It is proposed that the VAT rate will increase from 15% to 15.5% effective 1 May 2025. A further increase in the VAT rate from 15.5% to 16%

Deon Le Roux
Feb 282 min read


Implications of a VAT rate increase for vendors
Preparing for a Potential VAT Rate Increase in 2025: Key Considerations for Vendors The uncertainty surrounding a potential VAT rate...

Deon Le Roux
Feb 282 min read


Tax implications of outsourcing a Controlled Foreign Company’s primary operations
On 21 June 2024, the Constitutional Court ruled in favour of Coronation confirming that its foreign subsidiary indeed conducted its...
Johanni Swart
Jul 2, 20244 min read


Understanding the Consequences of Non-Compliance with SARS Requests for Relevant Material
In a significant move towards strengthening VAT compliance, the South African Revenue Service (SARS) announced in December 2023 its...

Deon Le Roux
Jan 8, 20242 min read


Tax Compliance policies evolving in African jurisdictions for Digital Services
African Tax jurisdictions are often overlooked by suppliers of electronic and digital services which may ultimately result in substantial...

Claudia Steyn
Jul 21, 20231 min read


SARS introduces new mechanism to allow taxpayers to request a reduced assessment
Taxpayers are now able to request SARS to reduce an existing assessment in a less formal method than was previously available....

Claudia Steyn
Jul 5, 20232 min read


Value-Added Tax (VAT) on Electronic/Digital Services supplied from South Africa
The global digital economy has experienced remarkable growth, transforming the way businesses operate and the way consumers procure...
Sean Dooms
Jun 14, 20232 min read


Clarifying VAT on Supplies from Foreign Electronic Services Providers
Background on legislative amendments The Value-Added Tax Act, 1991 (“the Act"), prior to 2014, provided for the inbound supply of...

Ruan Jansen van Vuuren
Nov 24, 20223 min read


Crucial Requirements for a Valid Voluntary Disclosure Programme
SARS initially launched the limited Voluntary Disclosure Programme (“VDP”) from November 2010 to October 2011, with the objective to...

Deon Le Roux
Nov 16, 20222 min read


Are you experiencing a delay in obtaining VAT refunds?
Many taxpayers continue to be frustrated with SARS due to delayed refunds. This seems to be a common occurrence and can be devastating to...

Nico Grobler
Oct 26, 20222 min read


Recent income tax amendments impacting your provisional tax return?
For years of assessment commencing on or after 1 April 2022, the South African corporate income tax rate was reduced to 27%. However, to...

Nadia van Aswegen
Jun 8, 20223 min read


Interview with the new CIT Director
VAT IT SA would like to introduce Nadia van Aswegen as the newly appointed Corporate Tax Director. Nadia is a qualified Chartered...

Victor Terblanche
May 23, 20225 min read


Using Intermediaries For The Supply of Electronic Services in South Africa
Using Intermediaries For The Supply of Electronic Services in South Africa

Ruan Jansen van Vuuren
Apr 26, 20222 min read


Budget Speech 2022 – Value-Added Tax Proposals
On 23 February 2022, Finance Minister Enoch Godongwana presented the annual budget proposal for the 2022 financial year to the National...

Deon Le Roux
Feb 24, 20221 min read


VAT Fraud In South Africa
The Managing Director of VAT IT SA takes us through VAT fraud in South Africa and the impact on the South African Revenue Service (SARS),...

Victor Terblanche
Feb 21, 20227 min read


Tax Invoice Requirements for Foreign Electronic Services Providers
The market for suppliers of electronic services is expanding globally and various tax jurisdictions are implementing VAT legislation to...

Ruan Jansen van Vuuren
Jan 17, 20222 min read
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