Page 13 - P6 Slide Taxation - Lecture Day 5 - VAT Part 1
P. 13
Tax periods (s 27) (cont.)
Tax period
Category E: Annual periods, ending on last day of y.o.a
Companies and trust funds whose activities consist solely of
– the letting of fixed property or movable goods to, or
– the administration or management of companies that are
connected
Category F: Four month periods, ending Jun/Oct/Feb
Value of supplies <R1,5 m in 12 month period
