VAT IN RESPECT GAMBLING IN FORMER TBVC STATES

Issued by: The Commissioner for Inland Revenue

SOUTH AFRICAN REVENUE SERVICE VALUE-ADDED TAX

5 JULY 1996

VALUE-ADDED TAX: WITHDRAWAL OF ZERO-RATING IN RESPECT OF BETTING AND GAMBLING IN THE FORMER TBVC STATES

In terms of a notice published today in Government Gazette No. 17290, the provisions relating to the zero-rating of betting and gambling in the Value-Added Tax Acts of the former Republics of Transkei, Bophuthatswana, Venda and Ciskei are withdrawn with effect from 1 October 1996. The standard rate of VAT, namely 14 per cent, will apply to such services as from that date.

Issued by: The Commissioner for Inland Revenue

Contact Person: Ms K R Seidel Tel: (012) 315-5336