💨 Abstract

South Africa's VAT increase in 2025 may not affect on-shelf prices, as businesses are not legally required to adjust them. This is due to a notice display policy, which allows vendors to increase product prices in stores to reflect the 15.5% VAT increase, without changing individual on-shelf prices. However, smaller retailers with simpler systems may need additional time to adjust, especially for newly zero-rated products.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖