South Africa: Updated tax invoice requirements for VAT-registered electronic services suppliers

Regulation that specifies details that need to be included on tax invoices issued by VAT-registered electronic services providers

Updated tax invoice requirements for VAT-registered electronic services suppliers

The South African Revenue Service (SARS) has issued a regulation that specifies the details that need to be included on tax invoices issued by VAT-registered electronic services providers. The requirements under the new regulation are more comprehensive than under the previously applicable rules prescribed in Binding General Ruling 28 (BGR28).   

The regulation is effective from 10 December 2021.

Read a January 2022 report [PDF 275 KB] prepared by the KPMG member firm in South Africa

 

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.