Vat Expense Deductions

Are you claiming ALL the VAT on allowable expenses in your organization?

What you'll learn

Subsistence Allowance VS Travel Reimbursement

Bad Debts and Bad Debts Recovered

Discount allowed and received

Goods previously owned or used

Requirements

No prior experience needed

Basic understanding of VAT

Basic understanding of TAX

Description

Are you claiming ALL the VAT on allowable expenses in your organization?Did you know you can claim the VAT back for any meals enjoyed by you and your staff (including alcohol) while you are out of town on business for a period longer than one night?Join us in this informative session as we work through the expenses that you can claim for VAT purposes, which you probably did not know about.Topics Discussed – not limited to:EntertainmentBusiness TravelAccommodationFringe BenefitsStaff ExpensesInsurance IndemnityManagement FeesCost recoveries and on-chargesForeign ServicesMarketing EventsGoods previously owned or usedMixed SuppliesOffice Furniture used by staffMotor Vehicles and conversionsSubsistence Allowance VS Travel ReimbursementBad Debts and Bad Debts RecoveredDiscount allowed and receivedTrade DiscountsDuring this session, practical day to day examples will be dealt with in detail as well as a complete VAT reconciliation will be demonstrated and the subsequent completion of the VAT201 return.All Included:Recording of the sessionQ&A with the presenterDownloadable course materialCertificate of trainingSAIT Accredited - 3 verifiable CPD points–––––––––––––––––––––––––––––––––About the PresenterRuzel van JaarsveldShe has over 23 years financial and bookkeeping experience, working with many industries and corporate environments, with extensive knowledge and practical application of trial balance, payroll, VAT, PAYE returns, Inventory control, Management Accounts, E-filing and Procedures of Importing and Exporting.She is a seasoned appointed facilitator with Biz Facility, and for numerous years has been presenting various national practical financial workshops to business owners and corporate financial staff.

Overview

Section 1: VAT Expense Deductions Course

Lecture 1 VAT Expense Deductions Course - Part `1

Lecture 2 VAT Expense Deductions Course - Part `2

Lecture 3 VAT Expense Deductions Course - Part `3

Lecture 4 VAT Expense Deductions Course - Part `4

Lecture 5 VAT Expense Deductions Course - Part `5

Accountants,TAX Administrators,Business owners,Managers