Traditionally, driving a company car has always been regarded as being cost efficient to an employee because the employee will only have to suffer the tax element of the benefit …
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The journey of tax compliance starts with the business registering for the applicable taxes. This is important for purposes of avoiding costly and sometimes criminal penalties and interest. Tax Matrix …
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As part of our diversified portfolio of taxation and financial advisory services, Tax Matrix offers tax and business oriented advice tailored to suit your circumstances as well as local representation …
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Our Latest News
Transitional issues arising from reduction in VAT rate
Posted by: Tax Matrix Team
The government reduced the VAT rate from 15% to 14.5% with effect from 1 January 2020. Whilst this is a welcome move to the tax paying community, it inherently triggers …
Interest rate on late paid taxes skyrockets
Posted by: Tax Matrix Team
Introduction The concept of interest on late paid taxes is found in most civilised communities as it reflects the interest which would have accrued to the State had the correct …