Tax Developments in SA & What They Mean for Small Businesses
The South African government has recently experienced a roller-coaster ride in tax policy, especially around Value-Added Tax (VAT). Key proposals and reversals in the 2025 budget are reshaping the financial landscape for SMEs and micro-enterprises. 1. VAT: A U‑Turn from Hike to Freeze Impact on SMEs: 2. Stronger SARS Enforcement The tax authority (SARS) now […]
