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Pages in category "Taxation in South Africa" The following 9 pages are in this category, out of 9 total. This list may not reflect recent changes. ...
The purpose of the entity is to support the program of Land Reform through a provision of property valuation services. The Accounting Authority of the entity is the Valuer-General, a position currently held in an acting capacity by Motlatso Maloka. The Valuer-General is supported by an executive management team.
It's compulsory for a business to register VAT remission when the value of taxable supplies in a 12-month period exceeds or is expected to exceed R1 million. VAT in South Africa currently stands at 15% as of 1 April 2018. [26] Value Added Tax (VAT) was first introduced in South Africa on 29 September 1991 at a rate of 10%. In 1993 VAT was ...
The Union of South Africa came into existence on 31 May 1910, uniting the Cape Colony, Transvaal Colony, Colony of Natal, and Orange River Colony.Three months later, on 9 August, the Governor-General, Herbert Gladstone, retroactively appointed Joseph Clerc Sheridan, Esq., as the acting Commissioner for Inland Revenue with effect from 1 July 1910. [15]
The Free State is the only province in South Africa that places an expiry date on its registration plate. Every five years the owner is required to replace the plate irrespective of condition. [ 12 ] This is only enforced in the Free State and if the owner uses the vehicle with "expired" plates in any other province he/she will not be prosecuted.
Since 1994, South Africa has been divided into nine provinces: the Eastern Cape, the Free State, Gauteng, KwaZulu-Natal, Limpopo, Mpumalanga, North West, the Northern Cape and the Western Cape. The boundaries of the provinces, which are specified in the national constitution, have been altered twice by constitutional amendment.