Yesterday, your supplier came to deliver your goods and gave you your tax invoice as usual.
Because you had to rush to a meeting, you didn’t file it right away.
The next day you’re doing... [read more]
As the year draws to a close, you have a list of priorities for the year ahead.
If you’re a provisional taxpayer, provisional tax is near the top of your list.
After all, you must make your... [read more]
Vat vendors know that our tax laws make it possible for them to claim input tax.
In fact, they’re so eager to claim and boost their cash flow, they end up making illegal deductions without even... [read more]
Good news: If you or your employees travel for business and spend at least one night away, you can claim input tax on some of the travel expenses.
But as you know, anything that involves SARS... [read more]
Something as small as not giving SARS the documents it wants can get you two years in jail.
The Tax Administration Act (TAA) makes it clear that, “if you intentionally don’t submit a return or... [read more]
Disclaimer Copyright 2014, Fleet Street Publications (Pty) Ltd. The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. No action or inaction should be taken based solely on the contents of this publication. We do research all our recommendations and articles thoroughly, but we disclaim all liability for any inaccuracies or omissions found in this publication. No part of this publication may be reproduced or transmitted in any form or by means of electronic or mechanical, including recording , photocopying, or via a computerised or electric storage or retrieval system without permission granted in writing from the publishers.