The following pertinent dates were announced:
- Tax Season 2018 will be shortened by three weeks, running from 1 July to 31 October 2018
- This impacts all non-provisional taxpayers
- Provisional taxpayers have until 31 January 2019 to file.
VAT Threshold Rises, But Deregistration Could Be Costly for SMEs
South Africa’s small businesses have welcomed the recent increase in the VAT registration threshold, but experts caution that opting out of VAT may carry hidden
