TIPS FOR JUNE BY OUR NORTHBOUND EXPERTS

TIPS FOR JUNE BY OUR NORTHBOUND EXPERTS

We at Northbound offer our clients flexibility and consistency. We have embarked on a process to sign clients on for retainers in relation to the services they receive on a regular basis. What is a Northbound Retainer? This is our way of spreading all your annual and...

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SARS VAT Invoice Requirements.

SARS VAT Invoice Requirements.

South Africa operates a VAT system whereby businesses (vendors) are allowed to deduct the VAT incurred on business expenses (input tax) and needs to declare the VAT collected on the supplies made by the business (output tax). The most important document in such a system is the tax invoice.

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CUSTOMS REQUIRE MIGRATION TO RLA SYSTEM

CUSTOMS REQUIRE MIGRATION TO RLA SYSTEM

In 2020 Customs updated their registration software to one that can speak to the SARS e-filing system. This new software system is called the Registration Licensing and Accreditation system, or RLA system for short. The RLA software will replace Customs’ old management software.

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Solar Panel Tax Incentives

Solar Panel Tax Incentives

Solar Panel Tax Incentives Government proposes this incentive programme to encourage households and companies to invest in clean electricity generation capacity which can supplement electricity supply. These incentives are aimed at bringing additional energy capacity...

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