Over the last number of years, it has become increasingly challenging to comply with the requirements of the VAT Act. The introduction of the Tax Administration Act, various new interpretation notes, public notices and key court judgements have added to the challenge of achieving acceptable levels of compliance.
The technical application of the various VAT principles is also often neglected by adopting a simplistic view of transactions with complex VAT implications.
This seminar deals with some of the more complex areas in VAT law. It will assist delegates to apply the principles in practice with reference to actual practice-orientated case studies
VAT enterprise related issues
Registration related issues
Output tax related issues
Deemed supplies
Cessation of an enterprise
Insurance proceeds
Repossession of goods
Supplies of goods where input tax deduction was denied
Composite supplies
Zero-rated supplies
Exports of goods (direct and indirect)
Supply of a going concern
Goods supplied “in-bond”
Services supplied to non-residents
Services regarding off-shore warrantees
Exempt supplies
The supply of accommodation
Supplies by body corporates
The supply of transport services
Input tax
General principles
Imports of goods
Non-deductible input tax
Irrecoverable debts
Adjustments
Special categories of transactions
Agents and principals
Fixed property
Grants
Irrecoverable debts
Adjustments
Christo Theron CA (SA), MCom Tax (UP), HDip Tax (Wits)
Christo Theron is a recognised authority in the field of taxation in South Africa, with special expertise in the field of indirect taxes. He was one of the top ten candidates in the Final Qualifying Examination for Chartered Accountants and the top student in the Masters Tax programme run by the University of Pretoria.
As a futuristic thinker, Christo founded TradeTaxPlus – Centre of Excellence, an online tax consulting platform that draws on the expertise of various experienced tax professionals in South Africa to provide technical tax advice to a number of high profile clients.
Christo has been instrumental in developing the leading advanced VAT course in South Africa for the University of South Africa and has also developed a full suite of online VAT courses for a large international accounting firm.
Christo has been a well-known and respected public speaker on VAT seminars in South Africa for many years.
Christo has also been serving on the South African Institute of Chartered Accountants (SAICA) National Tax Committee for over 12 years and currently still heads up the SAICA VAT Sub-committee
Christo’s past work experience includes working as a tax partner at Ernst & Young where he was responsible for indirect taxes in South Africa.
This event and successful completion of the online assessment will secure 4 hours verifiable output CPD points/units.
Including the following professional bodies. SAICA, CIMA, SAIPA, SAIBA, ACCA, FPI, CSSA, LSSA, FISA, ICBA, IAC, AAT