In a defining moment for SA’s financial jurisprudence that could herald changes to the VAT landscape, the Constitutional Court has handed down a judgment that is nothing short of a coup for Capitec Bank.

The case, in which there have been a number of legal tussles since the SA Revenue Service (Sars) initially disallowed the lender’s deduction claim in 2017, finally reached a denouement that favours Capitec...

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