Fundamentals of VAT: Input Tax 

  • Brief introduction to VAT
    • The basic VAT calculation
    • Overview of types of supplies
  • A basic understanding of input tax
  • The documentary requirements (including electronic invoices)
  • Recipient created invoices
  • Input tax specifically denied (i.e. entertainment, motor car and subscriptions).
  • Reimbursements and credit cards
  • Notional input tax on second-hand goods
  • When and how to apportionment of input tax deductions
  • VAT treatment of agent/principal transactions
  • VAT treatment of company-cross charges
  • Other input tax adjustments

We work through many practical, day-to-day, transactions that a creditors clerk would encounter, and will apply VAT principles covered to each transaction.

The webinar will contribute to 2 hours CPD/CPE.


R632.50 (inclusive of VAT) / R550.00 (exclusive of VAT)