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The divisions utilise the same software and receive a single monthly telephone account. Activity Public passenger transport division wholly exempt Activity Municipal rates division wholly taxable Cannot directly attribute costs therefore mixed use expenses Apportion input tax VAT incurred on mixed use expenses Turnover-based method - Example 16 of Guide Income from activities R5 500 000 14 Rates R6 500 000 0 Other R1 700 000 14 Bus service R500 000 Exempt Interest Grant income - For...

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What is sars approach to government?

SARS approach to government focuses on ensuring compliance with tax laws and regulations.

Who is required to file sars approach to government?

All businesses and individuals who are liable for tax are required to file SARS approach to government.

How to fill out sars approach to government?

SARS approach to government can be filled out online through the official SARS website or in person at a SARS office.

What is the purpose of sars approach to government?

The purpose of SARS approach to government is to accurately report taxable income and ensure compliance with tax laws.

What information must be reported on sars approach to government?

Information such as income, expenses, deductions, and taxes paid must be reported on SARS approach to government.

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