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Value-Added Tax Act (89/1991): Withdrawal of regulations to calculate the tax payable in terms of regulations to calculate the tax payable in terms of a small retailers VAT package (Gazette No. 32994 – Notice 169)

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  • Value-Added Tax Act (89/1991): Withdrawal of regulations to calculate the tax payable in terms of regulations to calculate the tax payable in terms of a small retailers VAT package (Gazette No. 32994 – Notice 169)
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By virtue of the power vested in me by section 16(1) of the Value-Added Tax Act, 1991, I, Pravin Jamnadas Gordhan, Minister of Finance, hereby withdraw, in the Schedule hereto, the regulations issued in terms of that section, as published in Government Gazette 27425 of 1 April 2005, for the calculation of tax payable in terms of a small retailers VAT package, with effect from 1 March 2010, and furthermore prescribe the transitional measures applicable to the withdrawal.

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