Budget 2018: VAT is increased – A first for new SA

For the first time in democratic South Africa value-added tax (VAT) is raised – by one percentage point to 15% .

The increase in value added tax (VAT) to 15%, from 14%, will come into effect on 1 April 2018.

All invoices for existing customers and new customers will be amended accordingly.

Thank you for your valued and continued support.