On 07 December the South African Revenue Service (SARS) announced that Value-Added Tax (VAT) enhancements had been implemented.
As part of the VAT Refund Relief for Covid-19, an additional enhancement has been implemented on eFiling, which allows the VAT Control Table to be visible for all users. The VAT Control Table will display returns for the last 5 years and 1 year into the future. For example, if the current date is July 2020, then the Table will display past returns up to August 2015, and one year into the future to June 2021.
The VAT201 declaration form on eFiling has been converted from Adobe Flex to HTML5 format for better user experience and compatibility.
More information is available in the updated Guide for completing the Value Added Tax VAT201 Declaration.
Read more on the VAT webpage.
Story by: Riaan de Lange