VAT Returns (VAT201)

VAT is a transaction-based tax, which makes it high-volume and high-risk. A simple calculation error on your VAT201 return can trigger a SARS audit that freezes your refunds for months.

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The Risk of "Doing it Yourself"

Many business owners use accounting software that "automatically" generates a VAT report. However, software cannot tell you if an invoice is valid. SARS frequently disallows claims because:

• The Tax Invoice is missing the supplier's VAT number.
• You claimed VAT on "Entertainment" (client lunches), which is forbidden.
• You claimed VAT on a passenger vehicle (car rental/purchase).

We manually review your report to strip out these errors before submission.

Our VAT Return Service

We typically handle VAT for clients on a bi-monthly (Category A or B) cycle:

• Processing: Capturing your sales and expenses from bank statements.
• Review: Checking that all large input claims have valid supporting documents.
• Submission: Filing the VAT201 via eFiling.
• Audit Support: If SARS selects you for verification, we upload the supporting documents on your behalf.

What we need from you

To prepare your return accurately, please provide:

• Sales Summary: Total invoices issued (Output Tax).
• Expense Invoices: Valid Tax Invoices for all business expenses > R50.
• Bank Statements: For the relevant 2-month period.
• Import Documents: If you imported goods, we need the customs release forms to claim that VAT.