VAT - eriinfo

SARS gets going with VAT modernisation

eriinfo.com4 weeks ago05 mins

The SARS VAT system has not been substantially upgraded in over a decade. Two years after the South African Revenue Service (SARS) began work to modernise the value-added tax (VAT) system, the agency is preparing to release a consultation paper “in due course”. This follows National Treasury’s mid-August tabling of the 2025 Draft Tax Administration…

SABC wants VAT exemption on TV licences

eriinfo.com3 months ago08 mins

Cash-strapped public broadcaster the SABC has proposed applying to national treasury for a VAT exemption on TV licence fees in an effort to boost its finances. According to a report by News24 (paywall) on Monday, approval of the exemption will not decrease the amount people pay for their TV licence, as the SABC will keep…