VAT – 15% – BTW

Value added tax - Belasting op toegevoegde waardeYou must register your business for Value Added Tax (VAT) if the total value of taxable goods or services is more than R1 million in a 12-month period, or is expected to exceed this amount.    A business may also register voluntarily if the income earned in the past… Continue reading VAT – 15% – BTW

Schools torched in South Africa

If school children or students torched school building or universities, let them study under the tree or they must build it up by themselves with their own money or their parents.   They must use their own labour and pay them to do that.  Where were the parents when they did this?  Nobody gave them orders… Continue reading Schools torched in South Africa

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