Practical Guidance: How to Resolve VAT Issues in Practice
Duration: 1 hour
Price: R99.00
Practical Guidance: How to Resolve VAT Issues in Practice
Presenters : Christo Theron
Overview
The South African Revenue Service (SARS) is increasingly tightening enforcement around VAT compliance. Recent court judgments see taxpayers and practitioners prosecuted and convicted for deliberate contraventions of VAT legislation. This heightened scrutiny makes it essential for practitioners and finance teams to strengthen their internal VAT compliance frameworks and be prepared for potential SARS challenges.
This video raises awareness of VAT compliance risks and equips attendees with practical guidance on preparing for and responding to SARS interventions. It begins with an overview of the essential records and documentation that must be in place before VAT returns are submitted. It further addresses the verification process, including what information should – and should not – be provided to SARS.
In the event of a dispute, the session unpacks the objection and appeal processes, relevant timeframes, and circumstances where Alternative Dispute Resolution (ADR) may be appropriate. It also explores escalation avenues where prescribed remedies do not yield reasonable outcomes.
This session is highly recommended for tax practitioners and finance professionals involved in the VAT function who wish to approach SARS disputes with confidence, structure, and strategic clarity.
Video Content
The video covers the following key areas:
- Introduction to the current VAT compliance landscape
- VAT compliance best practices
- SARS verification processes
- Objection procedures
- Appeal procedures
- Alternative dispute resolution and other available remedies
Competencies Developed
Upon completion of this video, participants should be able to demonstrate the following:
- Understand the core elements required in a robust VAT compliance framework
- Identify the most effective and compliant way to respond to SARS verification requests
- Navigate objection and appeal processes, including applicable deadlines
- Determine when the Alternative Dispute Resolution route is appropriate
- Recognise available remedies where formal dispute mechanisms do not provide satisfactory outcomes
- Implement structured processes when responding to SARS verifications
- Accurately lodge objections within prescribed timeframes