Following the recent announcement by the Minister of Finance in March 2025, we want to inform you that the standard VAT rate in South Africa will be increasing from 15% to 15.50%, effective May 1st, 2025.
As a result, please note that all invoices issued by LP Agencies (Pty) Ltd on or after this date will reflect the new VAT rate of 15.50% for all standard-rated vatable goods.
We appreciate your understanding in this matter, and thank you for your continued loyalty and support.
Thank you.
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