Page 25 - P6 Slide Taxation - Lecture Day 5 - VAT Part 1
P. 25

In the course or furtherance of an enterprise


    4










            Specifically excluded from the definition of an enterprise
















               • Supply of services by an employee to his employer

               • Hobbies


               • Exempt supplies

               • Commercial accommodation if value of supply


                    ≤ R60 000 for a period of 12 months
   20   21   22   23   24   25   26   27   28   29   30