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Clarification of certain points in VAT First Interim Report

Wednesday, 19 August 2015   (0 Comments)
Posted by: Author: The Davis Tax Committee
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Author: The Davis Tax Committee

The DTC attention has been drawn to commentary on the First Interim Report on VAT that the DTC explicitly recommends that the VAT rate should be increased by three (3) percent.  According to the DTC such commentary has, unfortunately , not been based on a thorough reading of the DTC’s report. Further, this clarification is released with the express purpose of encouraging debate about an appropriate tax system for the South Africa of the future.

Please click here to view media statement (17 August).



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