The update modifies the eligibility criteria for renewable energy projects under the carbon offset allowance. The South African Revenue Service (SARS) has released an Explanatory Memorandum on 15 March 2025 outlining amendments to the Carbon

Finance Minister delivered 2025 revised budget speech on 21 May 2025. Key tax changes include scrapping proposed VAT rate hikes, removing additional zero-rated items, and increasing the inflation-linked fuel levy. South Africa’s Finance

The South African Revenue Service (SARS) has released updated interest rate tables effective from 1 May 2025. Interest rates charged in terms of the legislation administered by SARS are split into three main categories, namely – interest

The Western Cape High Court has issued a ruling to officially halt the planned rise in South Africa's VAT rate on 27 April 2025. A ruling has resolved a disagreement between the two largest parties in South Africa’s coalition government over a

The South Africa's  Minister of Finance will shortly introduce the Rates and Monetary Amounts and the Amendment of Revenue Laws Bill (Rates Bill), which proposes to maintain the Value-Added Tax (VAT) rate at 15% from 1 May 2025 instead of the

The South African Revenue Service (SARS) has published an updated guide for completing the Income Tax Return for Companies (ITR14), effective from 23 April 2025. The latest version includes expanded guidance on the reporting of beneficial ownership,