LP AGENCIES

Blog Post

Important Update: VAT Rate Adjustment Effective May 1st, 2025

17 April 2025

By LP Agencies

LP-Agencies-(Pty)-Ltd-VAT-increase

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.

LP Agencies

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