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On 24 February 2023, the Financial Action Task Force (“FATF”) announced that South Africa has been placed on the FATF…

Claiming of the notional input VAT on second hand goods

Often VAT vendors purchase goods from non Vendors (who consequently do not charge VAT on the sale of the item)….

Customs VAT – Change of input claim timing rules

The current requirements. When importing goods into South Africa one of the many costs associated with the import is something…