With the introduction of Value Added Tax in 1993, businesses that provide or purchase goods and services are now faced with added legal and financial responsibilities. As contributors during the drafting of the new legislation and specialists in this field, we are able to provide assistance in the form of:
- Overviews or in-depth reviews of the tax and its implications, procedures and concessions, as they impact on business activities and modifications required to present methods of accounting to avoid the risk of incurring penalties;
- Provision of training for staff;
- Ensuring that any new ventures utilise all possibilities under the legislation to ensure that maximum tax efficiency is achieved; and
- Negotiations with officials responsible for the administration of the tax to ensure that the interests of the client are protected