RECEIVER OPENS IN SWAZILAND

THE South Africa’s Revenue Service opened its first office in Swaziland on Monday to help local businessmen reclaim Value Added Tax. Much of Swaziland’s economy is based on produce and goods purchased in South Africa, but businesses continually complained that it was both difficult and inconvenient to reclaim the VAT charged by the SARS. SARS spokeswoman Monica Panayotova in a statement on Monday said the new VAT refund administration office in Mbabane will assist businessmen to instantly reclaim amounts under R3000. The office would also assist businessmen reclaim larger amounts.