Positive amendments to VAT regulations relating to electronic services
The amendments will relieve offshore companies from VAT registration when supplying services to domestic vendors, aligning SA with global best practice.
The amendments will relieve offshore companies from VAT registration when supplying services to domestic vendors, aligning SA with global best practice.
The group claimed R200m in VAT refunds for importing, storing, and selling diesel.
SARS rakes in more from personal income and VAT, but corporate tax slumps by almost 9%.
Not providing tax relief will be a relatively easy way for a cash-strapped National Treasury to collect revenue.