The answer to this query
is based on legislation as at 2014/02/25.
Q: Can one
still register for VAT on the payment basis for individuals with a turover
less than 2,5 Mil? I recently did a VAT application where the consultant said
that they do not register anybody on payment basis any more. Everybody is now
on invoice basis. When did this change?
A: I must
say that I am not aware of this (provided that the vendor is a natural
person). I suggest that you call the call centre and confirm whether this is
the case (which I doubt) and take down the call reference number. Visit SARS
again and if the same information is relayed to you, quote your call
reference number which contradicts the opinion of that specific SARS official
and ask to speak to a team leader. Also refer the official to s 15 of the
Value Added Tax Act.
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.