October 2, 2023

The discussion paper by SARS aims to explain the modernisation of the South African VAT administrative framework. This modernisation will affect all businesses registered or planning to register for VAT. The goal is to adopt real-time or near real-time transmission of VAT data from vendors to the tax authority. SARS invites all stakeholders to submit …

Proposed Changes Regarding VAT Modernisation in South Africa – Discussion paper Read More »

From 15 September 2023 SARS implemented a new system for APT wherein the APT201 returns will now be submitted via eFiling, including the payment thereof. With effect from 15 September 2023, taxpayers will be issued new APT tax numbers, which must be used to register the APT client on eFiling and activate the tax type. It must …

Air Passenger Tax (APT) clients should migrate to efiling Read More »

From 1 June 2023, a flat excise duty rate of R2.90/ml is charged on nicotine and nicotine-substitute solutions in vaping products. The forms DA260 Excise Account for Tobacco Products, in which the vaping products are accounted for excise duty purposes, were also amended accordingly to insert the vaping products. What is it? Tobacco Products, including …

FAQ published relating to licensing and registration requirements of vaping products Read More »

During September 2023, the following customs tariff amendments were Gazetted:   Schedule 1 was amended to: Schedule 3 was amended relating to certain existing rebate items and the creation of rebate provisions on woven fabrics and other fabrics classifiable under certain tariff subheadings. Refer to Notice R.3917. Schedule No. 4 was amended to: Schedule No. …

Customs Tariff Amendment Notices Gazetted in September 2023 Read More »

From 1 October, foodstuff manufacturers can register online and receive an excise diesel refund. The excise diesel refund for food manufacturers scheme is a tax relief measure aimed at addressing the load-shedding problem and limiting the impact of power cuts on food prices. the country is facing. A diesel refund, limited to 80% of the …

Online registration is now open for the Excise diesel refund for Foodstuff Manufacturers Read More »