Great news for anyone paying tax in South Africa
Finance Minister Enoch Godongwana says the National Treasury is proceeding with the design of a new National Online Gambling Tax, with more details on the measure to come in 2027.However, no new general taxes or changes to the general tax or VAT regime were mentioned.In his Medium Term Budget Policy Statement (MTBPS), Godongwana said that the discussion paper proposing the new online gambling tax received many submissions.These submissions “generally recognised the need to address the growth of online gambling
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Reported by businesstech.co.za.
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