Tax legislation allows a taxpayer to claim certain expenses which were incurred during a year of assessment against the income received. Nevertheless, the nature of expenses […]
In order to prevent fraud, the South African Revenue Service (“SARS”) requires confirmation of new or any changes to existing banking details and will only process […]
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, […]
