Value-Added Tax | South African Revenue Service - SARS
Nov 15, 2024 · What is VAT? VAT is an abbreviation for the term Value-Added Tax. It is an indirect tax on the consumption of goods and services in the economy. Revenue is raised for …
Register for VAT | South African Revenue Service - SARS
Dec 13, 2024 · Immediate allocation of a new VAT registration number upon application. Where no risk is identified, SARS will issue a VAT reference number immediately. How to register for …
Small Businesses and VAT | South African Revenue Service - SARS
LAPD-VAT-G10 – VAT 421 Guide for Short Term Insurance. LAPD-VAT-G13 – Pocket Guide on the VAT rate increase on 1 April 2018. LAPD-VAT-G14 – VAT FAQs Increase in the VAT Rate …
Value-Added Tax (VAT) | South African Revenue Service - SARS
Jan 16, 2025 · This quick reference guide provides information and guidelines regarding the VAT treatment of non-executive directors (NEDs) and should be read in conjunction with: BGR 40 …
FAQs for VAT vendors | South African Revenue Service - SARS
Oct 21, 2024 · What documents do I need to register for VAT? Refer to the Guide for Completion of the VAT Application (VAT-Reg-02-G01) for a detailed list of supporting documents that must …
What is VAT charged on? VAT is charged on the taxable supply of goods or services (including electronic services) by a vendor, at either the standard or the zero-rate. With effect from 1 April …
VAT Refunds for tourists and foreign enterprises | South African
Dec 13, 2024 · South Africa has a VAT refund mechanism to refund the amount of VAT that is charged at 15% and paid on the acquisition of goods by a qualifying purchaser. The qualifying …
Tax periods for VAT | South African Revenue Service - SARS
Dec 13, 2024 · What tax periods are available for VAT? The following five categories of tax periods are available:
VAT 409 – Guide for Fixed Property and Construction Preface i Preface This guide is a general guide concerning the application of the VAT Act in connection with fixed property and …
VAT 421 – Guide for Short-Term Insurance Chapter 1 . 2 . The explanation of the VAT implications of providing and receiving short-term insurance services includes – how and when …