No VAT claims on private phone calls
Today we want to analyse one of the most common mistakes done by some VAT registered taxpayers when it comes ...
Tag: VAT
The impact of COVID on business continuity and risk management (PT2)
In this article we explore how to identify underinsurance and mitigate this risk in your organisation. Understand the insurance New ...
Rent-to-buy deals not VAT-smart
Allow us to clarify and demonstrate why rent-to-buy schemes may prove to be VAT-inefficient for suppliers, per the current VAT ...
Rent-to-buy deals not VAT-smart
Allow us to clarify and demonstrate why rent-to-buy schemes may prove to be VAT-inefficient for suppliers, per the current VAT ...
Expect VAT billing machines in 2022
You may have picked from past budget statements and media briefings by finance officials that there is a drive to ...
Non – citizens , trusts & 5 % transfer duty
The contention Non-citizens taxpayers being the ones who suffer a much higher tax of 30% than citizens have obviously embarked ...
Going concern sales trigger act
Enter going concern One can sell the shares of a company and that is completely divorced from going concern sales. ...
Always check particulars of tax invoices
I want to discuss a rather simple but very important aspect of taxation that affects VAT registrants, being the issue ...
Free services to related deals trigger VAT
What are related parties As enunciated above, the VAT Act requires that transactions between related parties be subject to VAT ...
INDIVIDUAL CONSULTANTS MUST REGISTER FOR VAT
The VAT Act prescribes that any person who meets the P1m threshold in annual taxable income should compulsorily register for ...
