The South African Revenue Service (SARS) has initiated the process of digitising its value-added tax (VAT) collection system.
This, after SARS last week published a discussion paper on VAT modernisation.
According to the authority, this is in pursuit of its strategic objective of modernising its systems to provide digital and streamlined online services and making it easy for taxpayers to comply with their obligations.
Source: www.itweb.co.za
