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A new digital VAT era? What SARS’s proposal could mean for South African businesses

IOL ·
A new digital VAT era? What SARS’s proposal could mean for South African businesses

SARS is consulting on a proposed digital VAT model that could introduce e-invoicing, e-reporting and more automated VAT data sharing.

The plan is still at a consultation stage, but businesses may need to prepare for changes to their accounting and reporting systems

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on iol.co.za — the content belongs to IOL.

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