VAT IT SA would like to introduce Nadia van Aswegen as the newly appointed Corporate Tax Director. Nadia is a qualified Chartered...

Using Intermediaries For The Supply of Electronic Services in South Africa

On 23 February 2022, Finance Minister Enoch Godongwana presented the annual budget proposal for the 2022 financial year to the National...

The Managing Director of VAT IT SA takes us through VAT fraud in South Africa and the impact on the South African Revenue Service (SARS),...

The market for suppliers of electronic services is expanding globally and various tax jurisdictions are implementing VAT legislation to...

South Africans got hit with another increase in the petrol price, taking the price up to over R20. The price increase has come as a shock...

VAT IT SA is excited to announce the much-anticipated launch of VATITpayroll, our bespoke outsourcing payroll service. Our custom payroll...

Generally, VAT is charged at the standard rate on the supply of residential properties (the sales of apartments, flats, or houses...

SARS has set its sights on non – compliant taxpayers and has now broadened its scope for criminal prosecution in terms of a recent...

The current state of the economy in South Africa has given rise to an increase in revenue collection by the South African Revenue Service...

Did you know that the South African Revenue Service (SARS) must keep taxpayers informed during an audit process and provide an...

It is common practice for group companies to enter into agreements with each other for the recovery of expenses incurred by one company...

The Protection of Personal Information Act (POPIA) comes into effect on 1 July 2021 after the Act was initially introduced on 1 July...

The advancement in technology brings about exciting and cutting edge changes to VAT automation and digital audits. The impact is globally...

The Importance of Documentary Requirements and Accurate VAT Reporting. After ensuring that your ERP has been set up correctly, to capture...

As Taxpayers are still grappling with the consequences of covid-19, SARS is under tremendous pressure from Government to collect tax....

It is a requirement within the Tax Administration Act, 2011 (“the TAA”) for all companies to appoint a Public Officer who will act as the...

SARS is more frequently requesting taxpayers to submit a Company Income Tax Supplementary Declaration (IT 14SD) after having assessed the...

With the outbreak of COVID-19 businesses are now more than ever dependant on the digitalisation of its practices and workforce. It is...

Will SARS still consider a late submission of an objection or appeal due to Covid19? The various restrictions imposed by the national...