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VAT Registration Process Becomes more Stringent

The South African Revenue Service (SARS) reviewed the value added tax (VAT) registration application process to mitigate the risk of fraudulent VAT registrations and claims, and the following will apply with immediate effect:

  • The applicant may be required to present themselves in person for validation and accreditation to the SARS branch closest to where the business is located…

Source: KPMG

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