13 Steps to Successful VAT Review
Few Vat vendors have heard of a VAT Review
Even fewer know how to conduct their own VAT Reviews internally to spot VAT risks early.
Why is a VAT Review important? Because it will help you red-flag potential VAT risk areas, before the SARS audit team does! What's more, you'll pick up valuable tips that will save your business thousands in VAT costs.
Follow our fool proof 13 steps and be empowered to identify your own VAT risks. You'll also get the low-down on how to fix them quickly, quietly and easily, once and for all!
Here are some of the areas covered in 13 Steps to a Successful VAT Review:
- How to update your details with SARS in 5 easy steps; get it right the first time
- Apply for a special ruling in 3 easy steps, plus get a hot tip on how to deal with SARS when in this situation
- 4 bank limits for Vat payments that you must know off, otherwise your payment can be rejected and you'll face severe penalties and interest
- 19 items that's being zero-rated. Do you know them all?
- 7 rules you must follow when dealing with Vat on properties
Plus, we've included 12 checklists, 3 sample letters and 2 Vat form templates, helping you to get your Vat review right! These include:
# 1: Does SARS have the correct details for your Vat registration? 12 items to check you're on the right track
# 4: Avoid these 10 common Vat return errors
# 6: Vat-exempt supplies you can't live without!
# 9: An 8 point checklist for 100% correct tax invoices
# 12: Risk areas that will be checked during a Vat review.
Trust 13 Steps to a Successful Vat Review to guide you through a Vat review today!
