TAX SEASON 2016: NON-PROVISIONAL TAXPAYERS’ DEADLINE

Many of our clients are not registered for provisional tax, nor are they required to be so registered. These non-provisional taxpayers should however take note thereof that their annual income tax returns (for the 2016 year of assessment which ended on 29 February 2016) are due shortly, and not only on 31 January 2017 as […]

WHEN TO REGISTER FOR VAT VOLUNTARILY

Taxpayers may register for Value-Added Tax (‘VAT’) on either a voluntary or compulsory basis.  This article considers the commercial benefits linked to an enterprise registering for VAT on a voluntary basis only. Taxpayers who are registered for VAT are required to charge VAT on supplies (that is on sale of goods or the rendering of […]