Page 17 - P6 Slide Taxation - Lecture Day 3 - VAT Part 1

● Where a person carries on 2 seperate businesses (sole

prorietor)

add the TS of seperate businesses together to determine

whether the R1 million limit (excluding VAT) is reached

because the person (not the businesses) is liable to regsiter.

● Separate enterprises, branches and divisions [s 50]

• written application for separate registration

• refer requirements s 50

● Separate persons deemed to be single person [s 50A] –

• if business activities were split between the 2 persons

• to avoid the registration threshold,

• then Commissioner can issue a direction and deem the 1

person Deemed as 1
+ = VAT vendor