The SAIT VAT Technical Work Group’s submission proposes several targeted amendments to South Africa’s VAT legislation to address inconsistencies, close loopholes, and improve administrative efficiency—most notably, redefining “insurance” to require payment to prevent unintended VAT deductions, aligning documentation rules for zero-rated supplies, zero-rating airtime vouchers used exclusively outside South Africa, including silver in export provisions currently applicable only to gold, extending export timeframes for sea shipments of precious metals, harmonizing VAT registration rules for non-residents involved in exports, and expanding intermediary VAT rules to cover both local and foreign electronic service suppliers.
