Angola

Angola introduces 14% VAT Jan 2019

June 21st, 2018

Angola is to replace its existing 10% Consumption Tax regime with a 14% Value Added Tax system from 1 January 2019. Until the start of 2021, this will be mandatory for large taxpayers (turnover exceeding AOA 50 million) only and voluntary for small taxpayers. It will be compulsory for all from January 2021. It is …


Uganda

Uganda VAT update

June 17th, 2018

The Uganda 2018/19 budget contains a range of VAT rule updates, including: VAT returns are due on 15thof the month following the reporting period end VAT exemptions have been extended to certain construction services Key taxpayers will be required to withhold VAT where their customers fail to properly VAT register. There will be a UShs 37.5 …


Liberia

Liberia to introduce VAT 2019

June 10th, 2018

Liberia is planning to introduce Value Added Tax regime sometime in 2019 according to its 2018/2019 budget. VAT would replace the existing Goods and Services Tax, which is 10% and 7% for goods and services, respectively. Every registered manufacturer and service provider shall file VAT returns for each tax period (calendar month) within 21 days …


Worldwide

VAT Reporting update 18.3.1

April 5th, 2018

Overview This release is a maintenance release of the VAT Reporting application for the month March. It includes changes to reports, modifications and bug fixes. Main changes in Reports We have improved the reporting of transactions with mixed flows on the PL, CZ and IT VAT Books. South Africa: standard VAT rate changed to 15% …


Ethiopia

Ethiopia raises VAT registration threshold

March 2nd, 2018

Ethiopia raised its VAT registration threshold from 20 February 2018. The new level is ETB 1million – previously ETB 0.5m.  VAT is currently levied at 15%. Non-residents must also register if providing services. Otherwise, they are only liable to register if they have a permanent establishment in the country.


South Africa

South Africa updates e-services VAT

February 28th, 2018

South Africa has issued a draft update of the definition of digital services for VAT purposes. Since June 2014, non-resident providers of electronic services have been liable to register and charge South African VAT on B2C and B2B transactions. The latter is unusual – most countries do not require a registration for business-to-business supplies; instead …


South Africa

South Africa raises VAT to 15% April 2018

February 21st, 2018

South Africa today announced an increase in its VAT rate from 14% to 15% on 1 April 2018. This is the first increase in 25 years since the ending of apartheid in the country. Growth in the country has been slowing for a number of years, and the government deficit opening up to 4.3% in …


Ghana

Ghana to raise VAT to 17%

February 17th, 2018

Ghana has proposed a Value Added Tax rate increase of 2% to 17%. The rate was last increased from 12.5% to the current 15% in  January 2014. Last year, the government introduced a 3% flat rate for small companies.


South Sudan

South Sudan Sales Tax rise

December 14th, 2017

South Sudan has proposed raising its Sales Tax levy from 18% to 20%. Sales Tax applies to domestically produced goods, hotel and accommodation services and imports. It was raised from 15% to 18% earlier in 2017.