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SAIPA NOORDWES STREEK / NORTH WEST REGION
Dates:
Fri, 2012-05-11 08:00 - 11:00
SAIPA NOORDWES STREEK / NORTH WEST REGION
Geagte Kollega/ Dear College
Hiermee word kennis gegee van ‘n FORUM wat op die onderstaande datum en plek gehou word :
Please note that the next FORUM for this region will be held at the following date and venue:
Related categories:
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Individual tax registrationsCategory:
Tax
Question:
Tax registration individuals. Non-resident living in SOuth Africa receives a UK pension and South African Interest and CGT distribution from local trust. Distributions is under threshold. Should we register her for tax?
Related categories:
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ACCOUNTING FOR OUTPUT VATCategory:
Tax
Question:
ACCOUNTING FOR OUTPUT VAT
Answer:
It is assumed that your client is registered for vat and, secondly accounts for vat on an invoice basis. |
INPUT TAXCategory:
Tax
Question:
INPUT TAX Is input tax deductible when a vendor provides company branded t-shirts to employees for its annual family day?
Answer:
Input tax is not deductible as the supply of T-shirts is linked to family day and is entertainment. Entertainment is input denied as per the Vat Act. |
Calculation of output VATCategory:
Tax
Question:
A guesthouse supplies accommodation which includes domestic goods at a price of R1000.00 and does not include VAT. The VAT inclusive price is R1140.00 what is the value of the output VAT?
Answer:
This question is related to commercial accommodation which in terms of the VAT act receives special dispensation therefore the output VAT is calculated as follows; |
