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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.
Tax Alert - Reversal of VAT Rate Increase
The Minister of Finance issued a Media Statement on 24 April 2025 indicating the intention to maintain the VAT rate at 15%. In addition, the Rates and Monetary Amounts and Amendment of Revenue Laws Bill was tabled confirming this intention.
The below Alert provides more details regarding the matter.