This publication is available at https://uk/government/publications/budget-2016-documents/budget-2016 This is a Budget that puts the next generation first.
It takes the next bold steps in the government’s long-term economic plan.
It reduces the deficit, achieves a surplus and makes the reforms needed so Britain is fit for the future.
The business must complete a VAT 101 - Application for Registration form and submit it to the local SARS branch within 21 days from date of exceeding R1 million.
Further, in terms of the new VAT Registration Regulations, a person carrying on an enterprise which has not made R50 000 in taxable supplies in the past period of 12 months, is also allowed to register for VAT.
For VAT liability date backdating requests specifically, you will be expected to provide invoices, signed contracts or financial statements to motivate the backdating.
The VAT 101 application for registration must be submitted in person at the SARS branch nearest to the place where your business is situated or carried on.
In this Budget, the government will take action to: ) to be the fastest growing major advanced economy this year. In advanced economies, there are growing concerns about productivity growth, high debt levels and deflationary risks.
Investigators are looking for other participants in the Madoff investment scandal besides Bernard Madoff who were involved in the Madoff investment scheme, despite Madoff's assertion that he alone was responsible for the large-scale operation.
Posted applications will only be processed if applicants are geographically far from the SARS branch or due to any form of disability that prevents the applicant from appearing in person at the SARS branch, to present the application.