n Tax Breaks Newsletter - VAT kicks in only on what is yours : value-added tax
|Article Title||VAT kicks in only on what is yours : value-added tax|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Apr 2009|
|Pages||7 - 8|
One of the more confusing issues when it comes to VAT is when a vendor deals with goods that are not theirs. No, this is not an article on the VAT treatment of stolen goods! Rather, it deals with those circumstances where you are legitimately in possession of goods that are not yours, or when you are handling goods on behalf of another.
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