- Appellant, a university, entered into head lease and sub-lease with developer for student residence
- Appellant sought to claim input tax deductions on head lease costs
- Tax Court found head lease and sub-lease to be part of singular arrangement for exempt supply
- Tax Court upheld 12.5% cap on VAT input deductions for universities
- Appeal was dismissed
- Judgment can be found online
Source: ensafrica.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "South Africa"
- High Court Upholds Tax Court Ruling: Payroll Service Provider Not Liable for SDL and VAT
- Eswatini’s E-Invoicing Initiative: Advancing Tax Compliance and Digital Transformation by January 2028
- South Africa to End VAT Exemption on Low-Value Imports, Impacting eCommerce and Education
- South Africa to Implement E-Invoicing and Real-Time VAT Reporting in Major Tax Overhaul
- Law to Phase Out Import VAT Relief on Small Parcels