• Overview of the basic rules of VAT: Types of supplies, time and value of supply, claiming input tax and VAT invoices
• Overview of specific transactions for accountants to look out for such as deemed supplies, imports and exports, bad and doubtful debt and cost recoveries
• The VAT201 and reconciliations for VAT (internal as well as the IT14SD)
• Practical issues in the VAT environment
• Recent amendments to the VAT Act
• Recent amendments to the VAT legislation and SARS Guidelines
• Recent court rulings addressing VAT disputes
• Recent Interpretation Notes and Rulings issued by SARS relating to VAT
