International Input VAT Apportionment Mechanisms – Finding a Solution for Credit Retailers in South Africa

How to apportion input VAT is an ongoing subject of discussion in South Africa. In this article, the authors seek to understand the credit retail industry in South Africa and the way the VAT apportionment mechanisms affect this industry. Furthermore, they attempt to determine whether methods of apportionment of input VAT used in other countries could assist in solving the challenges faced by South African credit retailers.