n Tax Breaks Newsletter - No such thing as a "free" holiday : fringe benefits
|Article Title||No such thing as a "free" holiday : fringe benefits|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Nov 2009|
|Pages||1 - 2|
In a judgement handed down in the High Court in the Western Cape (Vacation Exchanges International (Pty) Ltd v Commissioner for the South African Revenue Services - judgement given on August 7 2009), the Court provided clarity on who must pay the tax when the taxable value of a fringe benefit is adjusted by SARS on the basis that it has been incorrectly calculated by an employer.
Article metrics loading...