In a significant win for taxpayers on the South African Revenue Service’s (Sars) “narrow” approach to the ability to claim input Value-Added Tax (VAT), the Supreme Court of Appeal (SCA) recently ruled ...
South Africa’s fiscus needs every rand in tax revenue it can get, but potentially lucrative revenue streams are out of reach because tax registration snarl-ups prevent would-be taxpayers from ...
While South Africa has been shaking its head at Trump’s whiplash tariff announcements, we seem to be watching a similar scene roll out locally with the controversial VAT increase. The latest news is, ...
Two years after the South African Revenue Service (SARS) began work to modernise the value-added tax (VAT) system, the agency is preparing to release a consultation paper “in due course”. This follows ...
Last week, at the last possible moment, the Ministry of Finance announced that the proposed 0.5 percentage point increase of VAT would no longer be happening. The lateness of the announcement means ...