May 14, 2018
May 14, 2018
Consumers and suppliers have by now had an opportunity to familiarise themselves with the increased Value-Added Tax (VAT) rate of 15% since 1 April 2018. There […]
March 27, 2018
March 27, 2018
Section 18B of the Value-Added Tax Act[1] was introduced effective 10 January 2012 in a bid to grant relief for residential property developers caused by the […]
March 15, 2018
March 15, 2018
As you are aware, the National Treasury announced an increase in Value Added Tax (VAT) from 14% to 15% effective 1 April 2018. We urge you […]
January 11, 2018
January 11, 2018
It happens ever so often that a business would purchase goods, and subsequently apply those goods in a different manner than it had initially intended to […]
June 15, 2017
June 15, 2017
Value-Added Tax, or VAT, is currently typically charged at 14% on all taxable supplies of goods or services rendered by registered VAT vendors. Taxable supplies exclude […]
September 12, 2016
September 12, 2016
We have recently become aware of an increased level of audits being conducted by the South African Revenue Service in relation to taxpayers’ obligations in terms […]
July 14, 2016
July 14, 2016
Taxpayers may register for Value-Added Tax (‘VAT’) on either a voluntary or compulsory basis. Requirements for registrations are contained in section 23 of the VAT Act, […]
August 26, 2015
August 26, 2015
Is dit werklik nodig om te weet hoe om finansiële risiko te bestuur? Die antwoord is ‘n besliste “Ja!” Dit kan die verskil beteken tussen ‘n […]
April 23, 2015
April 23, 2015
A purchaser is responsible for payment of transfer cost when acquiring an immovable property, but it should further be established if the transaction is subject to […]