Page 46 - P6 Slide Taxation - Lecture Day 5 - VAT Part 1
P. 46
Example
Mr Strempel is a non-resident on vacation in South Africa.
Whilst touring the Kruger National Park, he decided to
purchase a wooden giraffe figure. The curio store charged
him R3 363 for the novelty item, including VAT at the
standard rate. Mr Strempel and his giraffe figure
continued to tour the country for another two weeks
before his leave entitlement ran out and he needed to
return to his home country Germany. Mr Strempel took
the giraffe figure along when he left South Africa.
Explain the VAT consequences for Mr Strempel,
the curio store, and the position of SARS.