What Is the Difference Between VAT and Tax in South Africa? This guide explains the difference between VAT and tax.
Today we look at some facts everyone should know about VAT refunds in South Africa and claiming them.
Customs Duty is a tax that the South African government charges on imported goods. VAT is imports to local transactions.
However, as a newly-introduced concept, there is a lot of uncertainty surrounding it. Today we hope to clear up some of that confusion.
This presentation will focus on the particulars of these penalties, shedding light on the potential repercussions of filing and paying a VAT return late
It is critically important to understand what each of these two distinctly separate categories means, and how it will impact your business if you operate with either.
This article is like a game guide, delving into the intricacies of Output VAT and Input VAT
Today we are looking at what to do in the event of penalty for late payment of VAT.
VAT201 – Vendor Declaration. Read on to learn everything you want to know about the VAT201 vendor declaration.
You can submit VAT returns any time through the month following the end of the VAT period
VDP01 – Voluntary Disclosure Application Form. This guide explains everything you want to know about voluntary disclosure applications.
Today we are looking further at when a business is required to ‘pay VAT’, or rather, when they have to register as a VAT vendor with SARS.
This post will delve into the details to better understand which wages are subject to taxation under PAYE and VAT.
Why Do We Pay VAT? Today we dig deeper into why VAT exists, what it does, and who it most affects.
Today we are looking at how to file VAT returns on eFiling in greater depth to help you.
Specifically, when it comes to valuable metals, the responsibility for accounting and paying VAT does a bit of a switcheroo.
Today, we will break down the idea of VAT exemption further and bring some clarity to this often-confusing area of VAT payments in South Africa.
What is Deemed VAT? Prepare yourself and immerse into the captivating realm of Value Added Tax (VAT).
Today we look closer at how to get a VAT statement of account, alongside other account types, from SARS eFiling.
Deferred VAT in South Africa pertains to the provision extended to Customs clients who are duly registered or licensed
Today we will be looking at what to do in these cases, as well as how businesses that make zero-VAT-rated goods should handle their VAT return.
There are two main characters in the tax story that individuals and businesses meet quite often - income tax and VAT.
Luckily, there is an easy way to verify a VAT number with SARS and ensure you are dealing with legitimate vendors and partners.
Picture this: you’re shopping in South Africa, and you see a price tag that reads “excluding VAT”. What’s it meaning?
VAT is payable to the Revenue Service, or SARS. Businesses that meet specific turnover thresholds are required to register for VAT with SARS
Understanding VAT exclusive is like having a secret code to unlock the true cost of goods and services.
Their handling for VAT purposes by the businesses that make them can be confusing, but we are here today to help explain zero-rated VAT items and how they are handled.
Think of the goods and services that are exempt from VAT as the unique items in a bazaar that don’t carry the usual market tax, or VAT.
What Businesses Are VAT-Exempt?. Today we will look deeper into all three cases, and how to know if they apply to you.
These tags pertain to how the standard 15% market tax, or VAT, is applied to goods and services.
If you are a registered vendor and want to learn how to file a VAT return, we have you covered here.
We are looking into VAT and duty more closely, with some important information you should be aware of if you are importing and exporting goods
This detailed guide will delve into various aspects concerning Value Added Tax on second-hand vehicles in South Africa.
How Is A VAT Return Calculated? Today, we look deeper into the intricacies of VAT return calculation in South Africa
Luckily, there are ways for you to check if a company's VAT number is legitimate with SARS. Here is what you need to know.
This guide provides insights into how VAT interacts with mortgage bonds in the South African context.
How Is VAT Calculated on Imported Goods In South Africa? Read on to learn how VAT is calculated on imported goods.
How Long Does It Take To Deregister For VAT? Today, we are looking at this side of the process in greater detail.
How do you check the validity of a VAT number? Today we look at convenient ways to do so, as well as some other important issues you should consider.
In this extensive guide, we'll delve into the workings of VAT calculation in South Africa, providing insights into subtracting VAT from an amount
This article explains everything you want to know about getting a VAT number in South Africa.
Today we are looking more closely at the VAT registration process, especially regarding costs and requirements
Today we will walk you through how to How To Check VAT Refund Status in South Africa, as well as some other tips and tricks around refunds.
This piece offers insights into the collection of VAT in South Africa, its overseers, the resultant revenue, the various types of VAT
How Much Does SARS Pay Out Monthly for VAT Claims? Keep on reading to learn everything you want to know about VAT claims.
Today we will delve into the VAT rate, what items are VAT-free, how to calculate the 15% VAT in South Africa
How To Check VAT Registration Status. Today, we look at some ways to check VAT registration status in South Africa.
In this comprehensive guide, we'll explore the timeframes for claiming VAT refunds, how to check the status of your refund
To register for VAT in South Africa, you have to meet certain minimums set by SARS. Here’s everything you need to know about this.
This piece seeks to elucidate how Salaries are treated under VAT in South Africa, differentiate between zero-rated and exempt supplies
This guide explores the penalties for late VAT return submissions in South Africa, how late payment interest and penalties are calculated
This explains everything you want to know about calculating gross amount and net amount from VAT.
Today, we look in-depth at the VAT registration process, how to do it online, and everything else you need to know
This comprehensive guide will address this question and provide insights into VAT registration for sole proprietors
This guide offers comprehensive insights into the VAT rate, the calculation process, exempt items, and the minimum income threshold for tax payment
This article explains everything you want to know about calculating VAT payable or refundable.
Today, we are diving deeper into the mathematical side of VAT, including how to add and subtract VAT from amounts
This article examines whether you can levy VAT without a VAT number, the process for issuing VAT invoice
This guide explores the income thresholds for individuals and businesses that trigger VAT obligations
How to Claim Back VAT in South Africa. Read on to learn how to claim back value-added tax in South Africa.
Today, we will walk you through adding your VAT details to your QuickBooks invoices and other related tasks
This comprehensive guide will delve into the VAT nuances related to accommodations, such as whether VAT applies to stays surpassing 28 days
This guide explains everything you want to know about claiming back VAT on property purchases.
As your business grows and your turnover increases, you may want to apply to be VAT registered with SARS
This detailed manual will cover the essential components of VAT concerning automobile insurance in South Africa
To be eligible to claim a VAT refund on export items, there are different things you should know. Read on to learn how to claim VAT on exported goods.
If you wish to become VAT-registered with SARS as a South African business, you will need to apply for a VAT number.
This guide provides insights into claiming VAT on commission paid in South Africa, understanding the calculation of VAT on commission
This guide explains everything you need to know about VAT registration. How to Complete a VAT 101 Form
There is also a wider category of goods and services that do not generate VAT on the end user. Today we look at these in more detail.
This guide explores the eligibility criteria and steps to get a VAT refund for online purchases in South Africa.
This article explains everything you want to know about completing a VAT return in South Africa.
You do not apply for a specific VAT return period in South Africa. Instead, you will simply apply to SARS to be registered as a VAT vendor
This article aims to clarify whether the gross invoice amount includes VAT in South Africa, explain the concept of the gross value of an invoice
How to Deduct VAT From an Amount in South Africa? This article explains everything you want to know about calculating VAT.
How To Avoid Paying VAT As A Business. There is only one legal strategy to use to avoid paying VAT as a business in South Africa
Let's delve into the products exempt from VAT in South Africa and compare zero-rated and exempt supplies.
There are different methods you can consider to register for VAT. This guide explains how you can do a VAT registration on eFiling.
Remember that you can also voluntarily register as a VAT vendor at a much lower turnover if it will benefit your business
This comprehensive guide will delve into how SARS calculates interest on VAT, including the interest rate
To prevent such a scenario, SARS randomly selects taxpayers for audit. This article explains everything you want to know about VAT audits.
There will be times when you want to know what the price excluding VAT was on an item, either as part of your own price calculations as a business
Through this guide, we delve into the mechanics of VAT for businesses, shedding light on vital aspects such as deductions
