South Africa: SARS introduces simplified compliance framework for partnerships
South African Revenue Service (SARS) announced, on 22 April 2026, a simplified compliance framework for partnerships through the introduction of a new Beneficial Owner Register IT3(BO), aimed at streamlining beneficial ownership reporting
See MoreSouth Africa releases customs tariff amendment details for 2026
South Africa has released publication details for tariff amendments notice R7389 under the Customs and Excise Act, 1964, as set out in Government Gazette 54572. The notice, published on 23 April 2026, provides the formal framework for amendments
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South Africa: SARS announces scheduled digital platform maintenance, upgrades
The South African Revenue Service (SARS) has announced scheduled maintenance and upgrades to its digital platforms on 24 and 26 April 2026 as part of ongoing efforts to strengthen its technology infrastructure. SARS said the upgrades are aimed at
See MoreSouth Africa updates income tax, VAT, carbon tax rules
South African President has signed the Taxation Laws Amendment Act 5 of 2026, amending the Carbon Tax Act, 2019 and related Schedules. The Act was passed on 31 March 2026 and published in the Government Gazette on 1 April 2026. It introduces
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South Africa issues draft rules to bring crypto assets under exchange control framework
South Africa’s National Treasury has released the draft Capital Flow Management Regulations 2026 (the Draft Regulations), aimed at bringing crypto assets within the country’s exchange control framework to strengthen oversight of emerging
See MoreSouth Africa enacts Taxation Laws Amendment Act 2026, ending VAT exemption on low-value imports
South Africa’s President has enacted the Taxation Laws Amendment Act 2026 (the Act), which abolishes the VAT exemption previously applicable to low-value imported goods. The Taxation Laws Amendment Act, 2026 (Act No. 5 of 2026) was assented to
See MoreSouth Africa enacts legal framework for e-invoicing, e-reporting
South African Revenue Service (SARS) has enacted the Tax Administration Laws Amendment Act, 2026 (Act No. 4 of 2026) published on 1 April 2026 in Government Gazette No. 54447, introducing a legal framework for e-invoicing and voluntary e-reporting
See MoreSouth Africa enacts 2026 tax reforms, with corporate tax, VAT, fiscal law changes
The South African Revenue Service (SARS) has confirmed that three major Acts were promulgated on 1 April 2026, marking updates to the country’s tax and fiscal framework. The legislation includes the Rates and Monetary Amounts and Amendment of
See MoreSouth Africa imposes high tariffs on Chinese, Thai structural steel
South Africa has introduced steep import duties on structural steel from China and Thailand after finding evidence of dumping. Chinese steel will face a 74.98% tariff, while Thai steel will be hit with a 20.32% duty. The International Trade
See MoreSouth Africa: SARS opens eFiling global minimum tax registration
The South African Revenue Service (SARS) announced, on 13 March 2026, that registration for Global Minimum Tax is now open on the SARS eFiling system, as part of South Africa’s implementation of the Global Anti‑Base Erosion (GloBE)
See MoreSouth Africa: SARS announces crypto-asset reporting deadline
The South African Revenue Service (SARS) has issued an explanation of the reporting obligations and deadlines for crypto-asset service providers (CAPSs) under the Crypto-Asset Reporting Framework (CARF). The first reporting period runs from 1
See MoreSouth Africa: SARS introduces crypto asset reporting framework (CARF)Â
The South African Revenue Service (SARS) announced on 6 March 2026 that the crypto-asset reporting framework (CARF) took effect on 1 March 2026, which is a global standard developed by the OECD to strengthen tax transparency in the crypto asset
See MoreSouth Africa revises income tax, capital gains tax, VAT thresholds in new draft legislation
The South African government has introduced the draft rates and monetary amounts and amendment of Revenue Laws Bill on 25 February 2026, outlining changes to tax legislation for the 2026/27 year. The Bill updates personal income tax brackets,
See MoreSouth Africa: 2026 Budget proposes tax relief for small businesses
South Africa’s Minister of Finance, Enoch Godongwana, delivered the 2026 Budget Speech on 25 February 2026, setting out the government’s fiscal priorities and economic direction for the year ahead. The Budget focuses on stabilising public
See MoreSouth Africa: SARS outlines qualifying requirements for Domestic Constituent Entity GloBE Information Return
The South African Revenue Service (SARS) released the Business Requirement Specification (BRS) for the Global Anti-Base Erosion (GloBE) programme on its Global Minimum Tax webpage on 13 February 2026. This Business Requirement Specification
See MoreSouth Africa: SARS advances digital VAT compliance with e-invoicing
South Africa’s Revenue Service (SARS) is preparing to shift VAT compliance to a digital model under its VAT Modernisation programme. Structured e-invoicing will be a key part of the system, enabling near-real-time transaction reporting rather
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South Africa: SARS clarifies interest deductibility on loan-funded preference share redemption
The South African Revenue Service (SARS) published Binding Private Ruling (BPR) 424 on 6 February 2026, setting out its view on the deductibility of interest incurred on loan funding used to redeem preference shares and to settle current or
See MoreSouth Africa: SARS updates interest rate tables for taxes, refunds, loans
The South African Revenue Service (SARS) has released updated interest rate tables on 22 January 2026. Interest rates charged in terms of the legislation administered by SARS are split into three main categories, namely: interest charged on
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