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It's compulsory for a business to register VAT remission when the value of taxable supplies in a 12-month period exceeds or is expected to exceed R1 million. VAT in South Africa currently stands at 15% as of 1 April 2018. [26] Value Added Tax (VAT) was first introduced in South Africa on 29 September 1991 at a rate of 10%. In 1993 VAT was ...
These were replaced by South African penalty stamps later that year. Around 1940, a design featuring the South African coat of arms was issued to pay entertainment tax on theatre on concert tickets. This was replaced by a numeral design around 1950. A Furniture Workers stamp was also issued around 1940. [2]
An Orange River Colony £1 revenue stamp issued in 1903. Before South Africa was united in 1910, each part of South African issued their own stamps. These were: British Bechuanaland (1886-1887) Cape of Good Hope (1864-1910) Griqualand West (1877-1879) Natal (c.1855-1910) New Republic (1886) Orange Free State (1856-1892) Orange River Colony ...
1937 stamps of South Africa. The first stamp of the Union of South Africa was a 2 1 ⁄ 2 d stamp issued on 4 November 1910. [2] [3] It portrayed the Monarch King George V and the arms of the four British colonies which formed the Union: Cape Colony, Natal, Orange River Colony and Transvaal. Most South African stamps issued between 1926 and ...
A 1902 stamp of Transvaal. The Second Boer War erupted in 1899, the war ended the existence of the South African Republic. Stamps of the South African Republic were overprinted "V.R.I." (Victoria Regina Imperatrix, Latin for Victoria, Queen and Empress) or "E.R.I." (Edward Rex Imperator, for Edward VII) between 1900 and 1902. In 1902 stamps for ...
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South Africa began issuing its own postal orders sometime during 1933. They are denominated in both Afrikaans and English . It is not yet known what the smallest denomination is in the pre-decimal issue, but after the change over to decimal currency on 14 February 1961, there was a postal order for denominations as low as 1 cent .
An 1868 stamp of the Orange Free State A stamp of the Orange Free State overprinted V.R.I. in 1900 during the British occupation. The Orange Free State was an independent Boer republic in southern Africa during the second half of the 19th century. The Orange Free State was annexed to the British Crown and renamed the Orange River Colony on 28 ...