Webinar Training Course

VAT update - current developments and case law

Price: Firm/Group/Company - R1207.50 (VAT Incl.)
Individuals - R402.50 (VAT Incl.)
Price (MLU Subscriber): Firm/Group/Company - R905.63 (VAT Incl.)
Individuals - R301.88 (VAT Incl.)
SAIT Members: Access your member discount with us by consulting the member instructions here BEFORE making a booking Here. Should you be unsure as to whether you have updated your profile correctly, please contact us BEFORE making a booking. NO MANUAL DISCOUNTS OR CREDITS WILL BE ISSUED.
Presenter: Prof Jackie Arendse
Date: 11 May '22
Times: 09h00 - 10h30
Duration: 1.5
CPD Hours: Attending the course and successfully completing the post-assessment, will grant you 1.5 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.
Platform: Web Based (Online)
Contact Person: Jackie Arendse
T:  0118861395
E:  gillian@probetatraining.co.za
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VAT is a complex tax and getting it wrong can have very costly and time-consuming consequences. Apart from all the specific provisions in the VAT Act, vendors must also be well acquainted with the Tax Administration Act which governs most of the administration of VAT. It is well known that SARS audits are on the rise, with increasing focus on compliance and proper accounting for transactions. Failure to comply with the VAT Act and the Tax Administration Act exposes businesses and tax practitioners to unnecessary risk, which can be reduced through a good understanding of certain basic principles. This webinar will highlight current areas where businesses often make VAT errors, from registration to trading, making necessary VAT adjustments and properly accounting for VAT on selling and acquiring a business, including – • Some specific VAT-risk areas to watch out for, including o VAT on imported goods o VAT and recovery of costs o VAT on insurance premiums and pay-outs o Claiming input tax • Current VAT developments

Once you have completed this webinar you will be aware of current VAT developments in South Africa during 2022, and how these developments will impact on your business.

Tax advisors, taxpayers, accountants, trustees, business owners and managers, bookkeepers and anyone else who deals with small businesses and SMMEs.