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Tag: VAT

SA could face another VAT increase, say experts

South Africans should brace themselves for the possibility of another VAT hike as Sars struggle to raise enough tax. Senior tax consultant Bernard Sacks told The Weekend Argus that while we will...

Expect a hike in the VAT rate this month

The question on everyone’s lips ahead of the Budget Review is whether the minister of finance will announce an increase in the value added tax (VAT) rate – and if so, what that...

The case for SA VAT hike economically solid, says Old Mutual Investment Group

While concerns around global growth and pressure on the SA economy have eased recently, the local economy is still fragile.  Moody’s decision not to downgrade SA’s sovereign rating at this stage...

SA can expect more regulation to tighten control on cross-border transactions

Globally, governments have taken steps to ensure that consumption taxes on cross-border transactions, including electronic services to private consumers, are paid in the country where the services are consumed. The decision...

Tax changes to boost revenue

Considerations are being made in the tax space to look at how government can raise revenue from Corporate Income Tax as well as Value Added Tax (VAT) receipts, the National Treasury...

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Walk the talk PURA Kids new one litre range hits the...

By Ruth Rehbock PURA Beverages claims its products offers great taste, no preservatives or artificial flavouring, and most importantly, two-thirds less sugar than soft drinks...

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