South Africa VAT changes
- Feb 23, 2017 | Richard Asquith
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
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VP Global Indirect Tax
Richard Asquith
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 can be contacted at: richard.asquith@avalara.com. He is part of the European leadership team which won International Tax Review's 2019 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.