Recently, the South African Revenue Service (SARS) officials have been auditing the tax accounts of taxpayers with respect of record retention and general tax compliance.
Tax compliance services provided to employees—at the cost of the employer—will be subject to value added tax (VAT) by the employer if supplied to the employees in the course of business.
Consulting firm-KPMG has cautioned the government against rushing to tax the digital commerce warning it could fail due to lack of structures. The firm has also outlined loopholes in the Capital Gains Tax, corporate tax...
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