Dit is deesdae ‘n algemene verskynsel vir ondernemers om ‘n kennisgewing vir ‘n BTW-ondersoek vanaf die SAID te ontvang, wat die ondernemer versoek om binne 21 dae ondersteunende dokumentasie ten opsigte van ‘n spesifieke BTW201 opgawe te voorsien. Indien die ondernemer versuim om hierdie dokumentasie in te dien, kan die SAID ‘n addisionele aanslag uitreik […]
Vat: The difference between standard-rated, zero-rated and exempt supplies
There are three categories of supplies that can be made by a VAT vendor: standard-rated, zero-rated and exempt supplies. Output tax must be levied on all supplies except exempt supplies. The VAT Act gives specific guidelines for zero-rated and exempt supplies but these fall outside the scope of this article. Please contact your tax practitioner […]