Michael Benson was convicted of submitting false VAT returns and claiming undue VAT refunds, as well as submitting false ...

A Gqeberha company director has been arrested for allegedly orchestrating a R34.7 million VAT fraud scheme, raising serious ...

The Finance Ministry plans to gradually raise the value-added tax (VAT) rate by an additional 1.5 percentage points to 8.5% ...

A former South African Revenue Service employee has been sentenced to six years in prison for orchestrating a sophisticated ...

The Tribunal held that VAT input credit shown only in the balance sheet cannot be taxed as income. It upheld deletion of VAT, commission, and notional interest additions, dismissing the revenue’s ...

The Tribunal held that cash deposits could not be treated as unexplained when the AO had already accepted the related cash sales as part of audited turnover. Since stocks, sales, VAT records, and cash ...

eTIMS has redefined the approach to tax compliance. First, it creates a direct link between the income declared by one ...

THE Department of Finance (DoF) expressed “strong reservations” regarding a proposal to lower the value-added tax (VAT) rate, ...

Intuit launches AI agents in UK to automate bookkeeping, customer management and financial analysis for small businesses ...

Michael Benson, a former SARS employee, has been sentenced to six years in prison for orchestrating a VAT fraud scheme that ...

TinyTax [1] is one of several newcomers aiming to fill the filing void left by the government’s withdrawal from offering ...

Speculation is rife ahead of the upcoming autumn Budget, with Rachel Reeves expected to enforce a host of tax hikes. The ...