Understanding the Requirements for Provisional Tax

🧾 Understanding the Requirements for Provisional Tax. Provisional tax often sounds more intimidating than it really is. It’s not a separate tax—just a system designed to help taxpayers spread their income tax payments across the year, rather than facing a large lump...

When Must VAT Be Registered?

Value-Added Tax (VAT) is a crucial aspect of business operations in many countries, including South Africa. Understanding when to register for VAT is essential for compliance and avoiding potential penalties. What is VAT? VAT is a consumption tax levied on the value...