Value Added Tax – 15% VAT

VAT is now levied at the standard rate of 15% on the supply of goods and services by registered vendors, when you buy electricity or anything other equipment you pay 15% over to government or the agents.  When they broke into your property, stole it you have to reclaim it and repay again 15% VAT .… Continue reading Value Added Tax – 15% VAT

Amendment Acts – TAX – SA

  Any intended amendments to primary legislation are announced by the Minister of Finance in his annual Budget Review.    They are tabled by the Minister of Finance in the National Assembly as Amendment Bills and, after approval by the Standing Committee on Finance (National Assembly) and the Select Committee on Finance (National Council of Provinces), they… Continue reading Amendment Acts – TAX – SA