Available Course

Value Added Tax

>> Click here to book this training as an In-House course <<

Duration: 4 Hours
CPD Hours: Attendance at this seminar will secure 4 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Course Facilitator: CORL
T:  011-886-1395
E:  nerissa@probetatraining.co.za
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This course is tailored to address the VAT elements as per request, to provide finance staff members with more knowledge on the matter.

This session will address items including, but not limited to, the following: • Basic principles of VAT: o Registration o VAT periods o Accounting basis o Types of supplies (including zero rated and exempt supplies) o Time and value of supplies • Claiming and denial on input taxes (including the impact of subsistence allowances) • VAT on importation of goods and services (overview) • Agent vs principal rules • VAT on intercompany recharges • Direct and indirect exports • VAT invoices, quotes and the documentary proof required for zero rating • Submission and reconciliation of the VAT201 • Practical issues encountered with VAT