(South Africa 2025 | Proposed VAT increase reversed) SARS FAQs - Increase in VAT Rate 2025
Find attached PDF document from SARS' Frequently Asked Questions (FAQ) about the VAT Rate increase for 2025 by 0.5%.
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(South Africa 2025 | Proposed VAT increase reversed ) South Africa 2025 VAT Increase | Effective from 1st of May 2025
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South Africa 2025 | Proposed VAT increase reversed
The Treasury issued a statement shortly after midnight on Thursday. The VAT rate was scheduled to rise to 15.5% on 1 May 2025, but will now remain at 15%. Please refer to the link below for details: ...
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Ledger | Account Maintenance | Set default TAX rate
Question: Is it possible to change the default TAX rate on IQ to normal TAX. The problem is each time I try to post a Cashbook entry the system sets the TAX rate to 0. Answer: Yes it is possible. Steps: Navigate to Ledger --> Account Maintenance. ...