The Ethiopian Ministry of Finance published VAT Directive No. 1341/2024, outlining the application of VAT on water, electricity, and transport services on 29 August 2024.
The South African government has updated the value-added tax (VAT) policy under Law No. 1341/2024, which provides exemptions for low-income households on water and electricity services.
For the past 22 years, these households have been exempt from additional VAT, but those exceeding a defined consumption threshold will incur VAT. The Ministry of Finance will publish guidelines soon to establish the thresholds for exemption.
The mass transport sector has also been exempt from additional VAT for low-income groups, the government intends to ensure that the exemption remains applicable. VAT will be imposed for vehicles with fewer than eight passengers excluding three-wheelers.
