Belasting op toegevoegde waarde: Gevolge van kliëntelojaliteits-programtransaksies vir verskaffers
Client loyalty programmes are a common phenomenon in the South African market. Despite the fact that client loyalty programmes have been prevalent in South Africa since the 1980s, the South African Revenue Service has issued minimal guidance on the value-added tax treatment of client loyalty program...
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| Format: | Article |
| Language: | English |
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AOSIS
2013-10-01
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| Series: | Journal of Economic and Financial Sciences |
| Subjects: | |
| Online Access: | https://jefjournal.org.za/index.php/jef/article/view/248 |
| _version_ | 1811328966509723648 |
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| author | Sophia Brink |
| author_facet | Sophia Brink |
| author_sort | Sophia Brink |
| collection | DOAJ |
| description | Client loyalty programmes are a common phenomenon in the South African market. Despite the fact that client loyalty programmes have been prevalent in South Africa since the 1980s, the South African Revenue Service has issued minimal guidance on the value-added tax treatment of client loyalty programme transactions. The main objective of the research was to determine whether South African client loyalty programme suppliers correctly account for client loyalty programme transactions for value-added tax purposes. In order to meet this objective, available local literature was analysed to determine the proposed value-added tax treatment of a client loyalty programme transaction. The proposed correct value-added tax treatment was compared with a survey circulated to a population of client loyalty programme suppliers in South Africa. The comparison indicated that in practice the Value-Added Tax Act 89 of 1991 is not always interpreted correctly. This incorrect tax treatment could result in financial loss to the client loyalty programme supplier as taxpayer |
| first_indexed | 2024-04-13T15:34:11Z |
| format | Article |
| id | doaj.art-430e60443aea4ec1b0f8ab7fb38b4068 |
| institution | Directory Open Access Journal |
| issn | 1995-7076 2312-2803 |
| language | English |
| last_indexed | 2024-04-13T15:34:11Z |
| publishDate | 2013-10-01 |
| publisher | AOSIS |
| record_format | Article |
| series | Journal of Economic and Financial Sciences |
| spelling | doaj.art-430e60443aea4ec1b0f8ab7fb38b40682022-12-22T02:41:18ZengAOSISJournal of Economic and Financial Sciences1995-70762312-28032013-10-016310.4102/jef.v6i3.248186Belasting op toegevoegde waarde: Gevolge van kliëntelojaliteits-programtransaksies vir verskaffersSophia Brink0Department of Accounting, Stellenbosch UniversityClient loyalty programmes are a common phenomenon in the South African market. Despite the fact that client loyalty programmes have been prevalent in South Africa since the 1980s, the South African Revenue Service has issued minimal guidance on the value-added tax treatment of client loyalty programme transactions. The main objective of the research was to determine whether South African client loyalty programme suppliers correctly account for client loyalty programme transactions for value-added tax purposes. In order to meet this objective, available local literature was analysed to determine the proposed value-added tax treatment of a client loyalty programme transaction. The proposed correct value-added tax treatment was compared with a survey circulated to a population of client loyalty programme suppliers in South Africa. The comparison indicated that in practice the Value-Added Tax Act 89 of 1991 is not always interpreted correctly. This incorrect tax treatment could result in financial loss to the client loyalty programme supplier as taxpayerhttps://jefjournal.org.za/index.php/jef/article/view/248kliëntelojaliteitsprogramtransaksiepuntemyleWet op Belasting op Toegevoegde Waarde no. 89 van 1991 (BTW-wet) |
| spellingShingle | Sophia Brink Belasting op toegevoegde waarde: Gevolge van kliëntelojaliteits-programtransaksies vir verskaffers Journal of Economic and Financial Sciences kliëntelojaliteitsprogramtransaksie punte myle Wet op Belasting op Toegevoegde Waarde no. 89 van 1991 (BTW-wet) |
| title | Belasting op toegevoegde waarde: Gevolge van kliëntelojaliteits-programtransaksies vir verskaffers |
| title_full | Belasting op toegevoegde waarde: Gevolge van kliëntelojaliteits-programtransaksies vir verskaffers |
| title_fullStr | Belasting op toegevoegde waarde: Gevolge van kliëntelojaliteits-programtransaksies vir verskaffers |
| title_full_unstemmed | Belasting op toegevoegde waarde: Gevolge van kliëntelojaliteits-programtransaksies vir verskaffers |
| title_short | Belasting op toegevoegde waarde: Gevolge van kliëntelojaliteits-programtransaksies vir verskaffers |
| title_sort | belasting op toegevoegde waarde gevolge van klientelojaliteits programtransaksies vir verskaffers |
| topic | kliëntelojaliteitsprogramtransaksie punte myle Wet op Belasting op Toegevoegde Waarde no. 89 van 1991 (BTW-wet) |
| url | https://jefjournal.org.za/index.php/jef/article/view/248 |
| work_keys_str_mv | AT sophiabrink belastingoptoegevoegdewaardegevolgevanklientelojaliteitsprogramtransaksiesvirverskaffers |