VAT

Descrição

A breakdown of what VAT is and how it is collected
mienghabehardien
Mapa Mental por mienghabehardien, atualizado more than 1 year ago
mienghabehardien
Criado por mienghabehardien quase 10 anos atrás
119
1

Resumo de Recurso

VAT
  1. VAT Vendors charge VAT
    1. Registered with SARS
      1. Turnover >1mil compulsory registration
      2. Consumer pays
        1. Reflected on tax Invoice
          1. VAT returns submitted from monthly to yearly
            1. VAT charged at:
              1. 14 %
                1. 0 %
                2. Value-added Tax
                  1. Value added at each point of production
                  2. Paid to SARS
                    1. Output VAT
                      1. Charged on good sold
                        1. Paid to SARS
                        2. Input VAT
                          1. Charged on good bought
                            1. Reclaimed from SARS

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