n Without Prejudice - Voluntary VAT registration made easy : tax

Abstract

On May 19 the South African Revenue Service (SARS) published a draft regulation in terms of s74(1) read with s23(3)(b)(ii) of the Value-Added Tax Act ( 89 of 1991). The regulation sets out the requirements that must be met by a person applying voluntarily for registration as a "vendor" in terms of s23(3) b)(ii).