Resources On-Demand

VAT Series: Understanding and Applying the VAT Principles Applicable to Agents and Principals - 2021 (Session 5)

This webinar on demand is part of a series of webinars. Click here to read more

Overview

This series of six webinars is aimed at addressing common challenges experienced in practice with the interpretation and application of VAT legislation. It starts with a fresh look at the concept of a VAT enterprise in the contemporary business environment. It will furthermore unpack key issues dealing with principals and agents, input tax and zero-rated supplies of goods and services. In the last session, we’ll look at VAT in the accommodation industry that presents consistent challenges in practice. The content will be case study-based to ensure that content meets practice.

Understanding and Applying the VAT Principles Applicable to Agents and Principals (Part 5) – 20 October 2021

• What is an agent/principal?
• General principles governing agents and principals:
• Supplies to agents and supplies by agents.
• Agents in the international supply chain:
• Imports by agents on behalf of a SA principal.
• Agents facilitating imports on behalf of a SA principal.
• Imports by non-residents on a DDP basis.
• Agents and recoveries.
• Completion of the VAT return.

Who should attend?

Tax managers/consultants, heads of tax, financial directors, accountants.