SARS NOTICE: VAT INCREASE REVERSAL – PRACTICAL IMPLICATION

SARS has issued a notice on the measures to apply with regards to the decision of the Minister of Finance to reverse the proposed VAT increase.

This notice discuss the steps to be taken where systems was already changed to activate the 0.5% increase on 1 May 2025.

For details, please use the following link to access the notice:
https://www.sars.gov.za/latest-news/media-release-practical-implication-on-finance-ministers-decision-to-reversevat/