SOUTH AFRICAN REVENUE SERVICE
VALUE-ADDED TAX
MEDIA RELEASE NUMBER 2 OF 1996

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and gambling in the Value-Added Tax Acts of the former Republics of Transkei, Bophuthatswana, Venda and Ciskei are withdrawn with effect from 1 October 1996.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
P O Box 402
PRETORIA
0001

Contact person:
Ms K R Seidel
Tel: (012) 315-5336
Fax: (012) 325-6006



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