Attending the course and successfully completing the post-assessment, will grant you
2.5 hour/s verifiable CPD, recognised by the various
professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc). Please note that the
CPD certificate will only be issued once the post-assessment has been completed.
Web Based (Online)
JEANMARI VAN DER SCHYFF
gillian@probetatraining.co.za
Let us explore specific transactions that have either been identified by the legislation itself or raised in practice as items requiring special attention when it comes to the VAT treatment thereof.
This course focuses on the relevant transactions requiring further discussion to enhance your knowledge of how to deal with them in practice.
This session will cover the following:
• VAT on the import of goods and services, including the documentary requirements related to it
• Zero-rating of exports, including the documentary requirements related to it
• Exempt supplies, mixed supplies, and apportionment of input taxes
• Denial of input tax on motor vehicles and entertainment
• Claiming input tax on second-hand goods
• Deemed supplies such as fringe benefits and insurance pay-outs
• Transactions with connected persons
• Agents, principals, and cost recoveries
• Accommodation: residential and commercial, including provisions for property developers
• Leases (operating and finance leases, as well as instalment sales agreements)
• Bad and doubtful debts and the 12-month creditor rule
• Foreign electronic services
All accounting or tax professionals or vendors charged with the responsibility of accounting for and submitting VAT returns.
