Deficiencies in the Act regarding VAT audits have resulted in the endless withholding of refunds Lai King writes in an article published on Moneyweb. One-sided tax law that leaves VAT refunds in limbo is detrimental to SA taxpayers
Sources:
Latest Posts in "South Africa"
- South Africa Moves Toward Mandatory E-Invoicing: New Regulations, CTC Model, and Digital Integration
- South Africa Mandates E-Invoicing to Modernize VAT, Reduce Fraud, and Align with Global Tax Trends
- VAT Treatment of Second-Hand Goods Export in South Africa
- Taxpayer’s Right to Object to SARS-Approved VAT Apportionment Method Confirmed by SCA
- VAT Liability Date: When Vendors Must Charge and Collect VAT
