Saturday, March 24, 2018

VAT rate increase from 14% to 15% effective on services from 1 April 2018.

On 21 February 2018 the Minister of Finance announced an increase in the Value Added Tax rate from 14% to 15%, effective on the supply of goods and services from 1 April 2018. 
All our suppliers have hence increased and notified us of an increase to 15%.

Following this announcement, Hostking will adjust pricing to reflect the new VAT rate of 15% on all service transactions with effect from 1 April 2018.

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