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n Tax Breaks Newsletter - Non-executive directors could face substantial VAT liability : value-added tax

Volume 2015, Issue 357
  • ISSN :
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Abstract

Non-executive directors who received fees and other consideration exceeding R1 million in a 12-month period and failed to register for Value-added Tax (VAT) could face a VAT liability, penalties, and interest running into hundreds of thousands of rands, according to an industry expert.

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/content/montb/2015/357/EJC178074
2015-10-01
2016-12-10

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