Month: April 2025
Bankmed’s communication on NHI
The passage of time since our last communication on National Health Insurance (NHI) has necessitated another update. The last update was sent to you on 21 May 2024, and this was just over a week after the NHI Bill was signed into law, on 15 May 2024, by President Cyril Ramaphosa. Our last communication…
Guess who’s footing the bill for Vat hike implementation? Likely you
https://www.moneyweb.co.za/mymoney/moneyweb-tax/cost-to-implement-vat-hike-likely-to-be-passed-on-to-the-consumer/ Businesses will be expected to adjust their systems for the 0.5 percentage point increase in the standard value-added tax (Vat) rate, and that expense could potentially be passed on to the consumer. This is according to Kabelo Moutloatse, senior tax debt and accounting specialist at Latita Africa, who noted that businesses must assess their…