Price:
R420.00 (VAT Incl.)
Level:
Tax professionals
Sub-level:
Income tax
Lecturer:
Biz Facility
Duration:
150 Minutes
Additionals:
R420.00 (VAT Incl.)
Level:
Tax professionals
Sub-level:
Income tax
Lecturer:
Biz Facility
Duration:
150 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
The VAT Sales & Purchases Webinar (Part 2 of 2) is designed for individuals, staff and financial management that are required to calculate and submit VAT returns for a business and, have no or very little understanding / knowledge of how to charge VAT on sales (taxable supplies) and expenses that can be claimed (input tax credits). This session provides much needed insight on the vat to be charged and input tax credits that can be claimed, and under which circumstances.
Topics Discussed:
Exempt Supplies
NGO’s, PGO’s and WO’s
Agent vs Principle
Company Cross Charges
Recovery in the form of a management fee
Recovery in the form of a cost recovery fee
Recovery of disbursements
Input tax credits specifically denied
Entertainment exceptions
Motorcar exceptions
Notional input tax
Second hand goods
Tax invoices, Debit notes & credit notes
Electronic Invoices
Reimbursements and corporate credit cards
Day to day adjustments for example discounts
Exports – Direct and Indirect
Imports – Value and time of supply
All Included:
Recording of the session
Q&A with the presenter
Downloadable course material
Certification of training
SAIT Accredited - 3 verifiable CPD points
Topics Discussed:
Exempt Supplies
NGO’s, PGO’s and WO’s
Agent vs Principle
Company Cross Charges
Recovery in the form of a management fee
Recovery in the form of a cost recovery fee
Recovery of disbursements
Input tax credits specifically denied
Entertainment exceptions
Motorcar exceptions
Notional input tax
Second hand goods
Tax invoices, Debit notes & credit notes
Electronic Invoices
Reimbursements and corporate credit cards
Day to day adjustments for example discounts
Exports – Direct and Indirect
Imports – Value and time of supply
All Included:
Recording of the session
Q&A with the presenter
Downloadable course material
Certification of training
SAIT Accredited - 3 verifiable CPD points