Page 24 - Chapter 32 VAT Part 1

7.4. Specifically excluded from „enterpris e ‟

• Supply of services by employee to employer [(c)(iii)(aa)]

• employee or director who receives remuneration

• no VAT on salaries/wages

• Private activity (leisure)/hobby [(c)(iv)]

• Exempt supplies [(c)(v)]

• The supply of commercial accommodation, if the total value

< R60 000 in a 12 month period [(c)(ix)].

• Branches/main business outside RSA = separate trade if:

[(c)(ii)]

• Branch/main business can be identified separately and

• Branch/main business keeps an independent accounting

system