Moneyweb

The new VAT return form has arrived

The South African Revenue Service (Sars), in a bid to align with international best practice, on June 28 2010 introduced a new VAT return form (VAT 201). The new VAT 201 form requires the separate ...
Business Recorder

New VAT return form to replace combined ST/FED form

A new value-added tax (VAT) return (form for declaring sales, turnover and other liabilities) would replace the existing combined sales tax and federal excise return from July 1, 2010 under the ...
BusinessWorld

A closer look at quarterly VAT filing

Republic Act (RA) No. 10963 or the TRAIN Law introduced several major revisions to the National Internal Revenue Code (Tax Code) of 1997. While the law became effective on Jan. 1, 2018, some changes ...
Zawya

Things to know while filing your VAT returns

VAT Return/Tax Return is a periodical statement which summarizes the value of the supplies and purchases made by a taxable person during the tax period. It shows the taxable person’s VAT liability i.e ...
Mail & Guardian

All about the new VAT201 form

The South African Revenue Service (Sars) is in the process of improving and modernising VAT returns. From April this year, expect the following changes: Vendors who make payments and submissions ...