Value Added Tax (VAT) is typically collected by which authority?

Value Added Tax (VAT) is typically collected by which authority?

• A. SARS
• B. Central Bank
• C. Ministry Of Justice
• D. Department Of Education

Answer: (A)

Value Added Tax is a consumption tax collected by the government's tax administration. The agency that handles VAT duties—registration, filing, and remittance to the treasury—is the tax authority. In this context, that role belongs to SARS, the South African Revenue Service, which administers VAT along with other taxes. The central bank oversees money supply and financial stability, not tax collection, while the Ministry of Justice and the Department of Education deal with legal and educational functions, not tax collection.

Value Added Tax is a consumption tax collected by the government's tax administration. The agency that handles VAT duties—registration, filing, and remittance to the treasury—is the tax authority. In this context, that role belongs to SARS, the South African Revenue Service, which administers VAT along with other taxes. The central bank oversees money supply and financial stability, not tax collection, while the Ministry of Justice and the Department of Education deal with legal and educational functions, not tax collection.