There are complex rules that determine how you can go about recovering VAT on UK car purchases.
New VAT rules for building contractors and sub-contractors came into effect on 1 March 2021.
Durban pensioner Kaniga Chetty, 60, was sentenced to jail time after he and an accomplice defrauded SARS to the tune of R3,6 million.
The VAT rule changes for building contractors and sub-contractors that were expected to come into effect on 1 October 2020 have been delayed for a further five months until 1 March 2021.
Cyril Ramaphosa – and his fellow cross-party politicians – could use a VAT refund to mitigate the disastrous economic impact coronavirus is likely to have.
The budget speech for 2020 will be cruel in attempting to be kind. But there are persistent rumours that a VAT increase will be implemented.
By Wednesday afternoon, most of us may be better off investing in a horse and cart. The budget speech for 2020 is set to be painful for motorists.
The possibility of boosting the fiscus by up to R35 billion may be too tempting for the finance minister to resist, even if raising VAT will be hugely unpopular.
Skills and entrepreneurial spirit are not an issue, there flat out just is not enough money.
The spectre haunting South African politics won’t go away. Tito Mboweni has blamed the legacy of Jacob Zuma for the VAT increase.
Anyone hoping for a VAT reduction in the near future – all of us, really – will be left disappointed following Tuesday’s decision.
There seems to be some very real potential for a second VAT increase since April: Here’s why economists have raised their concerns.
The list of products set to be added to the VAT zero-rated list has finally been released by National Treasury.
Fuel prices are expected to rise again in August.
This “new dawn” is wild.
Whilst the majority of businesses charge VAT at the standard rate of 20% there are a number of different VAT rates and exemptions that businesses should be aware.
Would they get your vote?
It’s not just data that needs to fall…
They want to see the value-added tax hike reversed
A conservative, yet potentially fruitful budget
Most VAT registered businesses are entitled to reclaim the VAT they incur on goods and services used by the business. This is known as input VAT.
Tax-dodging elite are set to force costs up for ordinary citizens