VALUE ADDED TAX

Delegated Staff:

Financial Manager

Print one copy of the vat control account and a copy of the income statement from Pastel Accounting System, for specific month. Use this info to complete the Vat 201 form on SARS e-filing system.
 

The payment to SARS is done on the last day of the month electronically on SARS E-Filing.
 

The tax payment/tax returns will balance the tax clearing account.