DailyDigest | VAT increase - what happens when the debit order has already gone off
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The South African Revenue Service (SARS) has confirmed that the planned 0.5% increase in the Value Added Tax (VAT) rate, initially scheduled for May 1, 2025, will not proceed. But people have shared their experiences with debit orders that have already been set in motion and companies that sent them messages saying they had already included the increased VAT to this month’s debit - what happens with those people? What kind of justice do they get? Jones Netshipise and Mpho Mashita talk to Everton Dankuru of Everton Dankuru Attorneys about this.
