South Africa: Adopted 2024 budget review of South Africa including proposed amendments to electronic services regulations and VAT Act
Description
Adopted 2024 budget review of South Africa including proposed amendments to electronic services regulations and VAT Act
On 21 February 2024, the National Treasury of South Africa adopted the budget review which includes proposals for amendments to electronic services regulations and the Value Added Tax (VAT) Act. The budget proposes limiting VAT to non-resident vendo…
Scope
Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
central government