Course Content
Why Should You Attend
In this course participants will learn about the key concepts of VAT as well as the manner of carrying out VAT compliance in an accounting system for both outputs (sales) and inputs (purchases and expenses) in the business. Participants will also learn the accounting entries to record VAT. From a supplier’s perspective, participants will gain an understanding of output tax and the key regulations surrounding the collection of output VAT. Additionally, from a procurement’s perspective, individuals working with VAT at an operational level on the procurement or accounts payable side of a business will gain a clear understanding of input VAT and its recoverability.
This course will give participants practical experience using a range of case study scenarios and practical examples.
Course Outcomes
At the end of the seminar, participants will be able to:
- Understand the general background on VAT
- Discuss the VAT Act
- Understand what is meant by accounting basis
- Explain VAT registration and tax periods
- Identify types of supply: taxable supplies and exempt supplies
- Discuss VAT implications of goods imported and imported services
- Explain the importance of tax invoices and other documentation
- Prepare the VAT return
- Discuss the VAT deregistration process
- Discuss the Tax Administration Act
- Objection and appeal, tax liability, payment, and recovery of tax
Target Audience
- Employees of SARS
- People in smaller businesses with a more formal business structure, such as a close corporation or company
- Persons involved in VAT audits and investigations
- Persons involved in VAT matters in public practice
- Persons who want to further their studies in the field of taxation
Venue & Dates
Venue: Johannesburg
Date: 6 – 9 July 2026
Course Fee
R15 999.00
