So finally they did it. Increased the VAT rate to 15% from 1 April 2018. Your calculation will now be based using the tax fraction 15/115. But that’s not all you need to know
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If you’ve worked with any tax you would’ve come across a dispute at some stage. And you’re not alone in the frustrations of facing SARS disputes.
If you need to get your VAT refund, find out how to take on SARS and win, or just need to brush up on your VAT knowledge – the VAT Masterclass is for you.