VAT INCREASE

On the 21st day of February 2018, the Minister of Finance announced in his Budget Speech that the value-added tax (VAT) rate will be increasing, with effect from the 1st of April 2018, from 14% to 15%. This increase is applicable to all goods and/or services which is...

REMINDER OF THE OLD PIT FALL – RECKLESS CREDIT

 Introduction In light of the sudden scurry of various companies and individuals to register as credit providers (subsequent to the threshold being reduced to Rnil) we thought it prudent to remind members of one of the basic aims of the National Credit Act – the aim...