VAT: The Difference Between Standard-Rated, Zero-Rated, and Exempt Supplies
Value-added tax (VAT) is one of South Africa’s most significant indirect taxes, affecting businesses and consumers alike. However, while most people know that the standard VAT rate is 15%, fewer understand that not all goods and services are treated the same for VAT purposes. The Value-Added Tax Act 89 of 1991 (as amended) divides supplies […]
SA Payroll and Tax Compliance for Non-Resident Employers
The 2026 Budget sorts out the PAYE anomaly, but is silent on SDL and UIF. A 2023 amendment to Paragraph 2(1)(b) of the Fourth Schedule to the Income Tax Act requires non-resident employers to withhold employees’ tax (PAYE) only where they conduct business in South Africa through a permanent establishment (PE). While this represented an […]
Auto-Assessments: Not Necessarily Final
Every year, millions of South Africans receive a SARS auto-assessment based on data that SARS already holds. However, while SARS has enhanced parts of its auto-assessment process and online tax assistant, it’s advisable to do a careful review before accepting. If you don’t respond, SARS treats that as you being in agreement with the assessment […]