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The Sunday Times reports that South African residents could soon face higher value-added tax (VAT) rates to sustain the R350 social relief of distress (SRD) grants. This
In South Africa, businesses are generally required to charge VAT if they meet certain criteria set forth by the South African Revenue Service (SARS). The
VAT, or Value Added Tax, is a consumption tax imposed on the value added to goods and services at each stage of production or distribution.
The purpose of this SARS notice is to address these common issues, which may have been communicated during meetings and/or received via e-mail and, furthermore, to provide
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E-mail: info@ctfsa.co.za