As a South African business, you are well aware of your South African VAT obligations. VAT however is often processed as part of the accounting function of your business with issues being identified much later than when they arose. This is typically when an IT14SD is requested by SARS or when raised by external auditors. VAT can and should be managed proactively, much like corporate income tax. Below is a list a few of our services offerings:

  • Assocations not for Gain

    A non-profit company or the old “section 21” companies cannot merely by virtue of their registration as such claim input tax credits. Stated differently, the mere fact that a company may be registered as a non-profit company would not entitle it to claim input tax credits. More >

  • Going Concerns

    The sale of assets from one vendor to another often raises questions as to the application or otherwise of section 11(1)(e) of the Value Added Tax Act, No. 89 of 1991 and which sees the sale taking place at the zero rat for Value Added Tax purposes. More >

  • Input VAT Apportionment

    Most South African businesses are well aware of the obligation to apportion input tax credits where non-taxable supplies and/or exempt supplies are made in addition to normal taxable supplies. More >

  • VAT Rate Assessment

    The South African VAT system, like most other jurisdictions’ VAT systems, is a destination based VAT system. In short, this generally means that goods or services consumed in South Africa attracts VAT at the standard rate while goods or services consumed outside South Africa should be subjected to VAT at the zero rate. More >

  • VAT Dispute Resolution

    Late payment penalties are the most common source of VAT disputes. However, where these late payment penalties follow as a result of an assessment from SARS, the dispute is often much bigger as the South African VAT system is a self-assessment type system and therefore where SARS issues an assessment, there is often a much bigger problem. More >

  • VAT Rulings

    A VAT ruling is a document issued by SARS on application which sets out a VAT treatment to a specific transaction and to which SARS bind themselves. In the complex and often uncertain world of VAT in South Africa, having a binding view form SARS is often the best possible solution given that there may be more than one professional opinion on the interpretation of certain VAT provisions. The SARS VAT ruling team contains some of the best and most respected resources in the country. More >