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 | Aug 30, 2017 | SARS
Reading Time: 4 minutes Reading Time: 4 minutes Following a discussion with fellow senior employees at the MMS Group we felt it necessary to share some essential tips regarding the SARS VAT verification process. It is essential that the correct documents are submitted...
by Simone | May 16, 2017 | Business
Reading Time: 2 minutes Reading Time: 2 minutes SARS recently published two Binding General Rulings (number 40 and 41) that have put the tax treatment of non-executive director’s fees to bed, which will come in effect on 1 June 2017. As it stands, a Non-Executive...
by Simone | Apr 5, 2017 | SARS
Reading Time: 3 minutes Reading Time: 3 minutes In February 2015 the South Atlantic Jazz Festival (Pty) Ltd successfully appealed a judgment of the Tax Court to the Full Bench of the Western Cape High Court (reported as ABC (Pty) Ltd v CSARS [2015] ZAWCHC 8). That...
