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ADVANCED PROGRAMME IN VALUE-ADDED TAX (THEORY) - ADVT116

NQF level: Credits:
Module presented in
Purpose: Content: Study Guide 1: Study Guide 1: The legal framework The administrative framework Introduction to Value-Added Registration Registration Payment and recovery or VAT Payment and recovery of VAT Study Guide 2: Supplies - general principles Deemed supplies Time of supply rules Value of supply rules Zero rated supplies Exempt supplies VAT on imported goods VAT on imported services Study Guide 3: Input tax Adjustments Pre-incorporation transactions Agents and principals Fixed property transactions Study Guide 4: Bodies of persons Associations not for gain Welfare organisations Group restructuring Deceased and insolvent estates Educational services Municipalities The short-term insurance industry Financial services Betting transactions The entertainment and hospitality industry