15% VAT Increase Announcement

15% VAT Increase Announcement

April 04, 2018

In the Annual Budget Speech held on 21st February 2018, the Minister of Finance announced an increase to South Africa's Value-Added Tax (VAT) rate from 14% to 15%. Due to this increase, you will notice an adjustment to the pricing structures across all our products. This increase will take place on the 1st of April 2018.