Often the question arises whether VAT must be levied on costs that are recovered from third parties. This is especially relevant when no VAT was incurred on the expense. Examples of such recoveries are rates and taxes, salaries or where a consultant recovers certain costs from its client on which no VAT was initially incurred e.g. private travel costs.
Source: BDO ZA
Latest Posts in "South Africa"
- South Africa to Launch Mandatory E-Invoicing and E-Reporting by 2028 Under New VAT Framework
- Court Upholds 15-Year Sentence for R3.6m VAT Fraud, Denies Juan Maritz’s Appeal
- South Africa’s E-Invoicing and Real-Time VAT: Transforming Tax Compliance and Business Transparency
- South Africa Raises Public Officials’ Pay as VAT Hike to 16% Approaches in 2026
- South Africa VAT 2026: Sars Intensifies Enforcement as Businesses Face Heightened Legal Risks
