Effective VAT Administration Course

Price:
R650.00 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
Taxation
Lecturer:
Biz Facility
Duration:
120 Minutes

Lesson Outline


VAT training is a very important part of professional business development and can save a company huge amounts of money, if executed correctly. VAT management can be extremely complicated if the necessary knowledge is not available in an organization. VAT management is also beneficial for businesses so that violations and penalties are avoided as much as possible.

Whether you are a seasoned VAT professional or a learner wishing to skill yourself up, this course is for anyone wanting to learn or at the very least see if existing VAT practices in an organization are correct.

Topics Discussed:

  • Filling VAT returns - how to complete the VAT201
  • VAT Calculations
  • Timing of VAT fillings and how to manage incorrect fillings
  • Claiming for VAT refunds
  • Late Payment Penalties
  • Error Penalties
  • Default Interest charged
  • SARS Requirements relating to documentation
  • SARS VAT Verifications and Audits

All Included:

  • Video presented courses
  • Downloadable course material
  • Certificate of training
  • Assessment (optional)
  • SAIT Accredited - 4 Verifiable CPD Points