SARS published Draft IN on VAT Treatment of Supply of Transport Services and Ancillary Transport Services for public comment by no later than 31 May 2014.
This Note serves to – • set out the value-added tax (VAT) treatment of the transport of passengers and goods as well as ancillary transport services; and • withdraw VAT Practice Notes No. 7 dated 10 February 1992 and No. 10 dated 1 October 1991.
The SAIT will be making a submission to SARS on this matter. Kindly submit all comments to email@example.com by no later than 28 May 2014.
Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.