The VAT Rate Change Checklist
The VAT Rate Change Checklist
Business Issues, Transitional Issues, System Issues
The budget announcement to increase VAT to 15% on 1 April 2018 impacts all industries. Some industries may have particular issues with the transition to 15% VAT due to the nature of supplies, the timing of supplies and the applicable transitional rules.
© 2023 KPMG Services Proprietary Limited, a South African company with registration number 1999/012876/07 and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.