
VAT – Value Added Tax, what you can and cannot claim.
If registered, VAT to be charged for all services and/or products supplied by the vendor. The expenses that are claimed have to be legitimate business expenses
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If registered, VAT to be charged for all services and/or products supplied by the vendor. The expenses that are claimed have to be legitimate business expenses
Business owners are responsible for filing and making payment to SARS accurately and on time. This is regardless of whether you have a Tax Practitioner or someone else handling your tax matters. Whether as a self-employed individual or business, you are required to register your business with SARS, file your tax returns and pay the required taxes on time.
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