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...
Transfer duty due on worthless companies
The principle Basically, Transfer Duty is triggered by a transaction that transfers or changes ownership or beneficial ownership of an...
Sold plot or farm ? Remember CGT !
The sale The sale of a plot or farm cannot be equated to everyday transactions relating to buying and selling...
Airflight benefit: a tax planning tool
Did you know that with adequate tax planning employees can actually pay less PAYE whilst maintaining their cost-to-employer stagnant? Well,...
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...
GET BURS’ NOD WHEN PAYING TERMINAL BENEFITS
Currently, the COVID-19 pandemic has undoubtedly ravaged economies world over leaving some companies in dire states. Certainly, these unprecedented times...
