What is a commercial vehicle?
Revenue define a ‘commercial vehicle’ or ‘company vehicles’ as ‘all cars or vans made available to employees by reason of their employment’. The definitions around types of vehicles are specific, …
Fact Sheet: Return of Trading Details (RTD)
A Return of Trading Details (RTD) is a statistical return that summarises sales and purchase figures and their associated VAT. It’s a return that every VAT-registered person must file after …
How to avoid a costly Statutory Audit
In general, most companies are required to attach audited accounts to their annual returns under the terms of the Companies Amendment Act, 1986. However, an exemption from audit is available for small companies. This can reduce the administrative burden as well as professional fees.