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Increase in the rate of Value-Added Tax
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 Announcement of an increase in the rate of value-added tax (VAT)

As announced by the national treasury, the rate of VAT will increase from the current 14% to 15 % with effect from 1 April 2018. Kindly note that contracted prices, prices quoted and prices advertised by PMSA prior to 1 April 2018 (effective date) are subject to change, depending on the applicable VAT rate at date of invoice


The increased VAT rate will be applicable on all new invoices raised by PMSA from 1 April 2018 (effective date), affecting an increase in invoice value.

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