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Who is required to charge VAT

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 key criteria for mandatory VAT registration include. Threshold Turnover A business must...


What is VAT and Why is it important

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. It is an indirect tax, meaning that the tax is ultimately paid...


SARS Clarifying Trust Income Tax Return Requirements

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 clarity and guidance on issues that have been raised regarding the completion...


How is a salary structured in South Africa

Salary structures in South Africa can vary depending on the industry, job position, and company policies. However, there are common components and considerations that typically go into structuring a salary in South Africa. Basic SalaryThis is the...

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