VAT Expense Deductions

****Please note that this course is based on South African Tax****

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:

• Entertainment

• Business Travel

• Accommodation

• Fringe Benefits

• Staff Expenses

• Insurance Indemnity

• Management Fees

• Cost recoveries and on-charges

• Foreign Services

• Marketing Events

• Goods previously owned or used

• Mixed Supplies

• Office Furniture used by staff

• Motor Vehicles and conversions

• Subsistence Allowance VS Travel Reimbursement

• Bad Debts and Bad Debts Recovered

• Discount allowed and received

• Trade Discounts

During 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 session

• Q&A with the presenter

• Downloadable course material

• Certificate of training

• SAIT Accredited - 3 verifiable CPD points

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About the Presenter

Ruzel van Jaarsveld

She has over 23 years of 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.