Tim_Empire

God, Family and Business

[Tim_Empire @TimMuepu]

2025: VAT rate increases to 15.5%
May 1, 2025: as announced by the finance minister Enoch Godongwana during the #budget #speech, a 0.5% points increase will be applied on VAT to support national expenditure.

[Tim_Empire @TimMuepu]

In 1991, VAT decreased for the first time.
For 25 years VAT was constant in South Africa.

Here is a glimpse on
SOUTH-AFRICA #VAT historical Trend

Source: https://t.co/8gPqBQDc0c

#VAT #Trend #SouthAfrica

[Tim_Empire @TimMuepu]

1991: Transition from GST to #VAT
30 September 1991: VAT was introduced at a rate of 10%, replacing GST as a more efficient and broad-based form of indirect tax. The switch to VAT aimed to simplify tax administration and broaden the tax base.

[Tim_Empire @TimMuepu]

1993: VAT Rate Increase
7 april 1993: The VAT rate was increased to 14% as part of adjustments to improve revenue collection.

2018: VAT Rate Increase to 15%

[Tim_Empire @TimMuepu]

1993: VAT Rate Increase
7 april 1993: The VAT rate was increased to 14% as part of adjustments to improve revenue collection.

2018: VAT Rate Increase to 15%

[Tim_Empire @TimMuepu]

1978: Introduction of General Sales Tax (GST)

3 July 1978 South Africa initially implemented a General Sales Tax (GST) as its main indirect tax.

GST started at a rate of 4%, steadily increasing up to 12% on march 1985.

[Tim_Empire @TimMuepu]

…Large-Scale malicious attacks…!!
China has once again caused turmoil.
#OpenAI vs #Deepseek.
#Tech #AI

[Tim_Empire @TimMuepu]

@CharlesHSavage @almerosplace Looking forward to it 💪🏼

[Tim_Empire @TimMuepu]

This is a Democrats come back move! #BreakingNews‌ Quite an interesting #USelections… #KamalaHarris2024 #Donald_Trump #JoeBiden

[Tim_Empire @TimMuepu]

The Legacy goes on #FIFAWorldCup

[Tim_Empire @TimMuepu]

#FIFAWorldCup
Football doesn’t respect reputation😁

[Tim_Empire @TimMuepu]

@Dischem Thanks for reaching out, sharing my details.

[Charles H Savage @CharlesHSavage]

My Top3️⃣ Stocks for the #INVSTRFriday under each of the EasyWallets are🥁…

1️⃣ EasyAUD - Australian Ethical Investment Ltd (AEF)
2️⃣ EasyUSD - Unity Software Inc. (U)
3️⃣ EasyZAR - Sibanye Stillwater Limited (SSW).

[Tim_Empire @TimMuepu]

Well done Ambani Africa🙌🏽

[Lebone @Lebone_MR]

The jewel in the night's crown

@appoftheyearza Overall Best App 2021~ @AfricaAmbani

It’s her fourth win tonight! Million rand nyana for this category

#MTNAppAwards
#AoYX

[MTN Business SA @MTNBusinessZA]

Congratulations to all the #MTNAppAwards winners! Your solutions are set to#RecodeTheWorld 🥳

[Tim_Empire @TimMuepu]

@CharlesHSavage let's talk cross-border expansion partnership and investment.

[Tim_Empire @TimMuepu]

Your vision will determine your discipline.
#LiveWithPurpose

[Tim_Empire @TimMuepu]

As a child of God, God is more commited to your success than you are. Everything God has designed is meant to be successful. it's your choice to reach for it.

[Tim_Empire @TimMuepu]

The world is not looking for you but for the gift you are carrying and if you don't manifest your gift, the world will ignore you.

[Tim_Empire @TimMuepu]

Don't let the fear of the unknown keep you in your storm.