ALLEGED VAT FRAUDSTER ARRESTED

EASTERN CAPE - Buyisile Zama Nomesi (48), the director of Malk IAfrica Trading Ventures CC made a short appearance at the East London Magistrates' Court and was released on warning…

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Five people to appear in court for alleged TAX fraud

WESTERN CAPE – A director of an accounting firm based in Muizenberg, Cape Town as well as three employees have been served with court summonses on Thursday by the Hawks’…

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Value added tax (VAT)

Value Added Tax (VAT) was introduced on 30 September 1991 at 10% and increased to 14%  on 7 April 1993. The VAT system comprises three types of supply Standard-rated supplies…

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Valued added tax – VAT

Who is liable for the payment of vat? VAT is levied on all supplies made by registered vendors in the course or furtherance of their enterprises. Only a registered vendor…

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