Eszter Rapanos

9 September 2022 The Interpretation Note provides clarity on the VAT treatment of debt collection activities undertaken by credit providers, in-house or outsourced to external debt collectors. This Note examines the VAT treatment of the prescribed amounts recovered by the debt collector from the debtor under the Debt Collectors Act, 1998. Comments can be sent …

VAT treatment of debt collection – Interpretation Note for public comment Read More »

31 August 2022 SARS released trade statistics for July 2022 recording a preliminary trade balance surplus of R24.76 billion. These statistics include trade data with Botswana, Eswatini, Lesotho and Namibia (BELN). The year-to-date (01 January to 31 July 2022) preliminary trade balance surplus of R156.71 billion is a deterioration from the R285.13 billion trade balance …

Media Release – Trade Statistics for July 2022 Read More »

30 August 2022 A new initiative, currently piloted by several government departments and agencies in law enforcement and prosecution, is aiming to make it more cost effective, faster, and easier to investigate and recover assets acquired through suspected unlawful activities such as corruption, fraud, tax evasion and money laundering. It is a collaborated effort to …

Media Release – New legislative tool targeting unexplained wealth to be piloted Read More »