SARS is increasingly using information it already has to populate tax returns. Financial planner Paul Roelofse explained what ...
From that date, all supplies made by schools are exempt from Value Added Tax (VAT), except to the extent that a school conducts qualifying welfare activities. “Schools may therefore not charge VAT or ...
SARS is consulting on a proposed digital VAT model that could introduce e-invoicing, e-reporting and more automated VAT data ...
The VAT Modernisation Consultation Paper, published in August 2026, sets out proposals for a Decentralised Continuous Transaction Control and Exchange ...
While the South African Revenue Service (Sars) has gradually introduced administrative penalties for late or non-submission of tax returns, starting with individuals and later extending to companies, ...