When you are contracting, you may come across the expression ‘self-billing arrangement’ or ‘self-billing agreement’. Here, exclusively for ContractorUK, I will clarify what these potentially opaque ...
South African taxpayers face another round of tax hikes in 2026, with the National Treasury’s plan to collect an additional R20 billion in tax revenue contingent on the success of SARS’s collection ...
Calls to raise South Africa’s value-added tax (VAT) registration threshold, which has remained the same for the past 16 years, are increasing. Amid these calls, Finance Minister Enoch Godongwana has ...
MOORHEAD — The latest person charged in the expansive Feeding our Future scandal is accused of operating fake food distribution sites in Moorhead and Pelican Rapids to steal more than $1 million ...
A PHP-based tool for extracting invoice data from HTML files and generating UBL (Universal Business Language) XML invoices using OpenAI's GPT models. The system includes intelligent data validation, ...
Hotelbeds UK Ltd operates as a wholesale supplier of hotel accommodation, purchasing rooms from UK VAT-registered hotels and reselling them to travel businesses. Due to industry practice, Hotelbeds ...
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SARS gets going with VAT modernisation
The SARS VAT system has not been substantially upgraded in over a decade. Two years after the South African Revenue Service (SARS) began work to modernise the value-added tax (VAT) system, the agency ...
Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. Running a business is hard enough without chasing unpaid invoices ...
Officers from the Central Anti-Corruption Bureau detained five suspects accused of issuing and using fake invoices in a complex VAT scheme. Polish anti-corruption officers have dismantled a criminal ...
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