On 14 September 2022, the South African Revenue Service (SARS) informed that it will host an online Value-Added Tax (VAT) seminar on 22 September 2022.
The details of the event are as follows:
- Theme: Completion of VAT Return (VAT 201) for SMMEs
- Date: Thursday, 22 September 2022
- Time: 17:00 to 19:00
- Platforms: YouTube - https://youtu.be/pJo_W9JNhDk
If you have questions about VAT, please send an email to vatquestions@sars.gov.za.
When taxpayers have clarity and certainty about their tax obligations, they will be in a better position to comply with their tax obligations.
The following topics will be covered:
- How to complete the VAT 201
- Which supplies/services are taxable?
- What are the requirements of the Tax Invoice?
- What is the output tax?
- What is the input tax?
- How do I calculate the interest and penalties?
- How do I understand my statement of account?
- What are the common auditing findings?