Tax Court faults SARS in R158m VAT case over legal insurance fund – Moonstone Information Refinery
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1 Articles
Tax Court faults SARS in R158m VAT case over legal insurance fund – Moonstone Information Refinery
Value-added tax keeps making the news. If it’s not a rate hike that gets people irate, it’s the disallowance of their legitimate input tax claims that forces them into litigation with the South African Revenue Service. A recent case before the Western Cape Tax Court shows that it helps if taxpayers stand up for their rights. The court ordered SARS to set aside additional VAT assessments of close to R158 million. The taxpayer, a fund set up in te…
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