Electric car tax headaches in South Africa
Webber Wentzel tax lawyer Joon Chong said electric vehicles were exposing gaps in South Africa’s tax system for company vehicle use, employee travel allowances, and fringe benefits.
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Webber Wentzel tax lawyer Joon Chong said electric vehicles were exposing gaps in South Africa’s tax system for company vehicle use, employee travel allowances, and fringe benefits.
The taxman has scheduled maintenance on its digital platforms to implement upgrades.
The Western Cape High Court has struck down the City of Cape Town’s controversial rates and taxes tied to property value instead of consumption.
The South African Revenue Service says its “Modernisation 3.0” plan will enable the eventual automation of VAT assessments.
Instead of punishing all South Africans with higher prices for products and services, Sars has intensified tax compliance, in part thanks to increased funding from National Treasury.