Page 277 - Juta's Indirect Tax

Welfare organisation VALUE-ADDED TAX ACT: REGULATIONS AND NOTICES Municipalities
4 Education and Development
(a) The provision of school buildings or equipment for public schools and educational institutions engaged in exempt activities contemplated in section 12 (h) of the Value-Added Tax Act, 1991, for the bene t of the poor and needy and physically disabled.
(b) Career guidance and counselling services provided to persons for purposes of attending any school or higher education institution as envisaged in section 12 (h) (i) (aa) and (bb) of the Value-Added Tax Act, 1991.
(c) Programmes addressing life skill needs of children at schools, pre-schools or educational institutions as envisaged in section 12 (h) of the Value-Added Tax Act, 1991.
(d) Educational enrichment, academic support, supplementary tuition or outreach programmes for the poor and needy.
(e) Training for unemployed persons with the purpose of enabling them to obtain employment.
5 Conservation, Environment and Animal Welfare
(a) Engaging in the conservation, rehabilitation or protection of the natural environment, including ora, fauna or the biosphere.
(b) The care of animals, including the rehabilitation, or prevention of the ill-treatment of animals.
(c) The promotion of, and education and training programmes relating to, environmental awareness, greening, clean-up
or sustainable development projects.
WITHDRAWAL OF REGULATIONS TO CALCULATE THE TAX PAYABLE IN TERMS OF A SMALL RETAILERS VAT PACKAGE
Promulgated under
GN 169 in GG 32994 of 1 March 2010
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.
SCHEDULE
1 In this Schedule any expression de ned in the—
(a) Value-Added Tax Act, 1991 (Act 89 of 1991), (‘the Act’); and
(b) the regulations issued in terms of section 16(1) of the Act, and published in Government Gazette 27425 of 1 April
2005 (‘the regulations’),
shall bear the meaning so assigned to it.
2 The regulations are withdrawn with effect from 1 March 2010.
3 An approved vendor may no longer use the calculation method contained in paragraph 5 of the regulations with effect from 1 March 2010.
4 The following transitional arrangements will apply as a result of the withdrawal of the regulations:
(a) (b)
An approved vendor who continues to be registered for value-added tax in terms of the Act may, notwithstanding paragraph 3 above, continue to use the calculation method contained in paragraph 5 of the regulations until 31 May 2010 and must implement the necessary accounting and record keeping systems to comply with the relevant provisions of the Act on or before 31 May 2010;
An approved vendor who quali es and elects to be registered as a micro business in terms of the Sixth Schedule to the Income Tax Act, 1962 (Act 58 of 1962), may continue to use the calculation method contained in paragraph 5 of the regulations until 31 May 2010.
TRANSITIONAL ARRANGEMENTS FOR MUNICIPALITIES FOLLOWING THE DELETION OF PARAGRAPH (c) OF THE DEFINITION OF ‘ENTERPRISE’ IN SECTION 1 OF THE VALUE-ADDED TAX ACT, 1991 (ACT 89 OF 1991), THE ZERO-RATING OF MUNICIPAL RATES AND OTHER CONSEQUENTIAL AMENDMENTS
Promulgated under
GN R270 in GG 29741 of 28 March 2007
By virtue of the power vested in me by section 74 (1) of the Value-Added Tax Act, 1991 (Act 89 of 1991), I, Trevor Andrew Manuel, Minister of Finance, hereby make the following regulation, as set out in the Schedule hereto, prescribing the transitional arrangements which apply to municipalities following the deletion of paragraph (c) of the de nition of ‘enterprise’ in section 1 of the Act, the zero-rating of municipal rates in terms of section 11 (2) and other amendments to the Act affecting the taxation of municipalities which were introduced by the Small Business Tax Amnesty and Amendment of Taxation Laws Act, 2006 (Act 9 of 2006).
Preamble
1. De nitions
SCHEDULE
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