It happens very often that a business would purchase goods, and subsequently apply those goods in a different manner than it had initially intended to at […]
The Commissioner for SARS recently published the annual notice to officially ‘open’ the 2017 tax season. Individuals are now able to file their annual income tax […]
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 […]
Following the annual national budget speech delivered by Finance Minister Pravin Gordhan on 22 February, we highlight some of the most significant matters arising below: A […]
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, […]
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 […]
