The South African 2017/18 budget last week failed to introduce a VAT rise as had been anticipated. However, it did introduce a number of changes, including:
- International travel insurance will be nil-rated for VAT
- Fuel supplies to be nil-rated for VAT
- The supply of cloud computing services to consumers by non-residents will now be subject to 14% VAT
Latest South African news
South Africa delays e-services changes to Apr 2019
September 27, 2018
South African plans to update the definition of digital services subject to VAT have been delayed from 1 October 2018 to 1 April 2019. In...
South African plans to update the definition of digital services subject to VAT have been delayed from 1 October 2018 to 1 April 2019. In...
South Africa bitcoin VAT exemption
August 10, 2018
The South African Revenue Service, SARS, has issued draft legislation covering the direct and indirect taxation of digital currencies such as bitcoin. SARS is proposing...
The South African Revenue Service, SARS, has issued draft legislation covering the direct and indirect taxation of digital currencies such as bitcoin. SARS is proposing...
VAT Reporting update 18.3.1
April 5, 2018
Overview This release is a maintenance release of the VAT Reporting application for the month March. It includes changes to reports, modifications and bug fixes....
Overview This release is a maintenance release of the VAT Reporting application for the month March. It includes changes to reports, modifications and bug fixes....
VP Global Indirect Tax
Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.