by Simone | Apr 17, 2024 | Vat
Reading Time: 4 minutes Reading Time: 4 minutes Understanding Potential VAT Obligations for Seconded Employees Businesses in South Africa engaging seconded employees are cautioned to professionally evaluate their employment contracts to avoid potential pitfalls in...
by Simone | Mar 25, 2024 | Vat
Reading Time: 3 minutes Reading Time: 3 minutes SARS’ Binding General Rulings 40 and 41 clarify the VAT vs PAYE treatment of non-executive directors (NED), with both rulings applying with effect from 1 June 2017. A recent preliminary ruling by the Court of Justice of...
by Simone | Mar 13, 2024 | Vat
Reading Time: 3 minutes Reading Time: 3 minutes Since the introduction of the Tax Administration Act (TAA) in 2011, SARS has been empowered to issue VAT estimated assessments against taxpayers who fail to respond to requests for supporting documentation to...
by Simone | May 3, 2022 | Vat
Reading Time: 2 minutes Reading Time: 2 minutes Emerging in the recent tax submission season, many have expressed their ongoing frustrations with The South Africa Revenue Services (SARS) regarding their methods for tax return verification selection. This verification...
by Simone | Aug 25, 2020 | Business, MMS, Vat
Reading Time: 2 minutes Reading Time: 2 minutes On 24 October 2018, National Treasury published new regulations pertaining to “electronic services” defined in Section 1 of the Value Added Tax (VAT) Act of 1991. These regulations relate specifically to the provision of...
by Simone | Sep 11, 2019 | Vat
Reading Time: 3 minutes Reading Time: 3 minutes VAT Compliance Mistakes that you want to avoid Not meeting tax return requirements, compliance matters and deadlines could lead to your company being audited and investigated by SARS. All processes relating to these...
