VAT implications on supplies paid for otherwise than in cash

VAT implications on supplies paid for otherwise than in cash   IN carrying out trade, business operators may engage in various transactions and agree on various methods of payments. Such payment arrangements may entail cash or other means other than cash. An example is barter transactions made between or amongst operators. Barter transactions Barter transactions …

Tax amnesty 2018 in respect of motor vehicles

Tax amnesty 2018 in respect of motor vehicles   The Herald In an effort to encourage our valued clients to regularise their tax obligations, the Government has, through the Finance Act No. 1 of 2018 published on 15 March 2018, made provisions for granting of a tax amnesty to persons on application. Persons include companies, …