
Capitec warns of ripples from vat dispute with SARS
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Amid a prolonged legal battle, Capitec's bid to deduct the VAT that's tied to its loans and insurance policies is still under SARS' scrutiny. The bank warns that the Constitutional Court's possible verdict of favouring SARS could ripple through the banking sector, affecting credit availability and consumers. Kabelo Khumalo, Business Day's Company and Markets editor unpacked this in greater detail with Business Day TV.