Preliminary outcome of the 2014 tax season
The South African Revenue Service (SARS) has again recorded consistent growth in the levels of tax compliance in the country with 5.32...
No Evidence Justifying Penalty
Judgment was handed down in the Tax Court on 18 November 2014 in the case of AB (Pty) Ltd v The Commissioner for the South African...
VAT Case Law: 1015: Whether the taxpayer was entitled to deduct input tax in respect of accommodatio
Background: The taxpayer objected to the VAT assessments because certain input tax claims were disallowed. The taxpayer is a company that...
SME Auditing Options Explained
One of the most important considerations for SMEs is the decision between having its financial results audited or subject them to an...