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Sales tax and VAT updates for modern finance teams
Anrokβs team of tax experts shares the latest rate changes, taxability updates, and other news you need to know.
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South Africa abandons planned VAT hike
April 23, 2025
South Africa canceled its planned VAT increase following political opposition. The proposed 1% increase over two years, aimed at raising government revenue, faced resistance as the country struggles with slow economic growth and rising living costs.
The bottom line: South Africaβs VAT rate will remain at 15%. The countryβs finance ministry stated that no immediate alternative revenue sources will replace the canceled VAT increase.
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