Lets say you start a plumbing business register as a sole prop and register with VAT, 10 years later you close the sole proprietor operations, close the bank account and upgrade to a close corporation. Stop sending " Tax invoices" to customers and start operating as a CC.
Does the CC which has been dormant for 6 years, automatically become VAT registered because you stop trading as a sole prop?
Why would SARS now 10 years later issue a final demand giving you 10 days to sort it out, otherwise they will issue a summons, why not not 4/5/6/7 or 8 years ago.
Do you have to de register with Vat if you no operate as sole prop ?
I thought this was all sorted out 10 years ago, now suddenly today I get a final demand from SARS.
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