VAT ON IMPORTED SERVICES: WHAT IS IT?

There seems to be an increased focus from SARS recently on non-VAT registered entities who enlist services from foreign suppliers. The reason for this is likely that, in

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The VAT compliance landscape

VAT use to be a simple tax for taxpayers to comply with. Returns would go in regularly with very little hassle and SARS’ audits or verifications seldom resulted

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VAT registrations: Non-resident non-executives

On 4 May 2017 SARS issued Binding General Ruling No. 41 (“BGR41”) which requires of non-executive directors to register for VAT provided they satisfy the registration threshold and

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CLAIMING VAT BEFORE VAT REGISTERED

It is trite that only a registered VAT vendor is entitled to an input tax credit, provided all requirements for an input tax credit has been satisfied by

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ONUS OF PROOF, VAT AND INPUT TAX

A trend has emerged recently with SARS relying more heavily on the onus of proof provisions (Section 102 of the Tax Administration Act, No. 28 of 2011, (“the

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MORE TAX: VAT ON FUEL

The declining economy has seen an increase in costs of pretty much everything and consumers are finding it hard to come by.There is, unfortunately, more bad news for

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GOING CONCERN SALES AND THE SELLER’S RISK

The legislation governing the zero rate for going concern sales are set out in section 11(1)(e) of the Value-Added Tax Act, No. 89 of 1991 (“the VAT Act”).

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