Register to study through Unisa

Course in Value-Added Tax - VATX013

NQF level: Credits:
Module presented in
Purpose: Content: Study Guide 1: Introduction General background on VAT The VAT Act Accounting basis Registration and tax periods Types of supply Taxable supplies Exempt supplies Goods imported and imported services Tax invoices and other documentation The VAT return Study Guide 2: Input tax Deemed supplies Time and value of supply Adjustments for change in use Exports Supply of a going concern Deregistration The VAT return Study Guide 3: Fixed property transactions Deceased estates Insolvent estates and VAT The agricultural sector Financial services Tax Administration Act Objection and appeal, tax liability, payment and recovery of tax Penalties, interest and other sanctions, planning considerations and transitional rules