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Latest / Tax Break: South African tax for professionals

15,5% VAT from 1 May 2025?

The Minister of Finance announced an increase of 0,5% in the VAT rate with effect from 1 May 2025 in the 2025 Budget. From reports in the media, it is by no means certain that this rate increase will be approved by Parliament. In this episode I consider the legislation that gives effect to the rate increase and related matters.

You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.

My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

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