Another six months to change withholding tax collection model
15 January 2020
The new regulations on the collection of withholding tax will not become effective until 1 July 2020. The existing relief at source will be replaced with a tax refund procedure. The minister of finance has for the second time postponed the effective date of the new model by 6 months. In the meantime the regulations will be amended. You can find details of all changes in BDO Tax Alert.