Loading Events

« All Events

  • This event has passed.

VAT TAXABLE SUPPLIES & INPUT TAX CREDITS PART 2 WEBINAR SERIES

April 14 @ 1:00 pm - 3:00 pm

Value-Added Tax (VAT) is an essential part of any business and yet it is an area that is often overlooked or misunderstood, resulting in unnecessary penalties and interest being payable to SARS. Or simply an overpayment of your VAT account due to unknown claims that can be made.

The VAT TAXABLE SUPPLIES & INPUT TAX CREDITS WEBINAR SERIES is designed for individuals, staff and financial management that are required to calculate and submit VAT returns for a business and, have no or very little understanding / knowledge of how to charge VAT on sales (taxable supplies) and expenses that can be claimed (input tax credits). This session provides much needed insight on the vat to be charged and input tax credits that can be claimed, and under which circumstances.

 

PART 2

Topics Discussed:
Exempt Supplies
NGO’s, PGO’s and WO’s
Agent vs Principle
Company Cross Charges
Recovery in the form of a management fee
Recovery in the form of a cost recovery fee
Recovery of disbursements
Input tax credits specifically denied
Entertainment exceptions
Motorcar exceptions
Notional input tax
Second hand goods
Tax invoices, Debit notes & credit notes
Electronic Invoices
Reimbursements and corporate credit cards
Day to day adjustments for example discounts
Exports – Direct and Indirect
Imports – Value and time of supply

 

PART 2
WEDNESDAY, 14 APRIL
1PM – 3PM

 

COST

R 950.00 PER SESSION

Organizer

Biz Facility
Phone:
021 300 1230
Email:
info@bizfacility.co.za
Website:
http://www.bizfacility.com/

Venue

Online Webinar
South Africa + Google Map

Organizer

Biz Facility
Phone:
021 300 1230
Email:
info@bizfacility.co.za
Website:
http://www.bizfacility.com/

Venue

Online Webinar
South Africa + Google Map