Listen! VAT Dispute's impact on SA banking and consumers
Listen! VAT Dispute's impact on SA banking and consumers

Listen! VAT Dispute's impact on SA banking and consumers

Lungelo Mpangase

16 min
News
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Description

A major concern in the banking sector is the VAT dispute between Capitec and the South African Revenue Services. It revolves around whether Capitec can deduct VAT on loan insurance payments, a decision Capitec says could impact the banking industry and consumers. Business Day TV spoke to Kokkie Kooyman, Portfolio Manager at Denker Capital for more detail on the matter.

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