Practical Guidance: Current VAT Issues in Tax Practice
Duration: 2 hours
Price: R195.00
Practical Guidance: Current VAT Issues in Tax Practice
Presenters : Christo Theron
Overview
Christo Theron's video highlights critical issues like revenue shortage, potential VAT rate hikes, and SARS's intensified compliance focus. This video offers practical tips for managing VAT in organisations, covering default positions and sound business principles.
The video provides an easy step-by-step guide to understanding time frames for export of goods. Christo also covers important definitions and explanations relating to imports, customs (including details on time frames and documentation), zero-rated services, and the diesel rebate.
The video concludes with insights on claiming the diesel rebate and temporary relief measures. The video serves as a valuable guide for tax practitioners navigating South Africa's evolving VAT landscape.
Video Content
- Introduction to managing VAT in organisations
- VAT management of exports of goods and services
- VAT management of the importation of goods
- Customs - An introduction to the broad framework
- Customs - The diesel rebate and its challenges
Competencies developed in this video
After watching this video, you will:
- Understand the ins and outs of import and export of goods and services.
- Gain a deeper understanding of the customs and excise framework.
- Learn about compliance with the diesel rebate scheme and challenges encountered when dealing with SARS.
- Prepared to tackle obstacles using tools to manage indirect taxes.