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VAT increase on 1 April 2018
Posted by Johan Du Toit on 29 March 2018 09:29 AM
Please note that from the 1st of April 2018 there will be an increase in the VAT rate as announced by the Minister of Finance in the 2018 national budget. The rate will increase from the current 14% to a new rate of 15%. |
This will have an effect on pricing on the bidorbuy platform and the changes will be applied to all transactions or services completed from the 1st of April 2018 onwards.