Basis of registration (Invoice/Payment)
Basis of registration as a VAT vendor
Duration: 0.5 hour
Price: R49.00
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Basis of registration as a VAT vendor
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| OUTCOMES OF TOPIC After studying this topic, you should be able to: ✓ Understand the basic VAT principles by referring to the core definitions in the VAT Act; ✓ Perform a basic VAT calculation; ✓ Explain how to declare output tax and input tax to SARS. |