Tax, VAT, customs and trade alerts

We provide a wealth of publications by PwC South Africa providing informed commentary on current developments in the tax arena, both locally and internationally.
Through analysis and comment on new law and judicial decisions of interest, they assist business executives to identify developments and trends in tax law and revenue practice that might impact their business.
 

In this alert:

VAT on the supply of electronic services: release of regulations

On 18 March 2019, the long-anticipated regulations prescribing the electronic services that will be subject to South African Value-Added Tax (VAT) were published by the National Treasury. These regulations will be effective from 1 April 2019.

Unfortunately, the delay by National Treasury in finalising the regulations has left foreign companies with very little time to register for VAT and implement any changes necessary to commence charging VAT on the supply of electronic services.

Please find a link below to the Tax Alert that deals with this matter.

 

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