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NON-EXECUTIVE DIRECTORS’ REMUNERATION: VAT AND PAYE

NON-EXECUTIVE DIRECTORS’ REMUNERATION: VAT AND PAYE

Two significant rulings by SARS, both relating to non-executive directors’ remuneration, were published by SARS during February 2017. The rulings, Binding General Rulings 40 and 41, concerned the VAT and PAYE treatment respectively to be afforded to remuneration paid to non-executive directors. The significance of rulings generally is that it creates a binding effect uponRead more about NON-EXECUTIVE DIRECTORS’ REMUNERATION: VAT AND PAYE[…]