The Not-So-Good News
The Minister of Finance announced an increase to the Value-Added Tax (VAT) rate from 14% to 15% in the recent Budget Speech held on 21st February 2018. Due to this increase, you will notice an adjustment to the pricing structures across all Love2Learn and Imperial International College subjects and product offerings.
This increase will be effective from 1 April 2018. (Sadly this is NOT an April Fool’s joke!)
The Silver Lining
The silver lining in all of this is that with the strengthening of the Rand against the Dollar, Love2Learn’s subject offering is even more attractive, despite the VAT rate increase!