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Accounting and tax club
Latest news

New B-BBEE codes unveiled! Find out what this means for your business...

Trade and Industry Minister Rob Davies has unveiled the new Broad-Based Black Economic Empowerment (B-BBEE) codes of good practice. Davies announced the new codes yesterday at the B-BBEE summit in Midrand. Reports suggest the codes will be published in the Government Gazette on October 11. Read on [read more...]

Department of Trade and Industry set to announce new B-BBEE codes...

The Department of Trade and Industry, together with the Black Economic Empowerment advisory council, will announce new Broad-Based Black Economic Empowerment (B-BBEE) codes of good practice at a summit on 3 and 4 October, Fin24 reports. Read on to find out how this announcement could affect your [read more...]

Industrial Action Report finds SA recorded the highest number of strikes last year

A 2012 Industrial Action Report tabled by the Department of Labour (DoL) has showed a significant increase in the number of strikes last year, compared to the previous four years, EyeWitnessNews reports. According to the report, there were 99 strikes recorded last year alone. Here are the key [read more...]

Find out how to resolve 231 specific Vat problems in one go

by , 18 October 2013
Hands up if you've frowned in confusion when you're suddenly faced with your latest return that must account for Vat on the second-hand goods you sold last month. Can you claim Vat back for your home office? What is the right thing to do?

Let's have a closer look at the tips for these two questions, and how to get 231 of these answers in one go…

***
231 remedies for your Vat aches and pains
 
Put an end to the pain of:
 
    Vat registration headaches,
    Apportionment nightmares,
    Agonising invoices,
    Zero-rating stings,
    and the hurt of Vat penalties.
 
With the Vat health tips that experts are calling 'revolutionary'. End your suffering today, and save thousands on specialists' bills!
Click here

***
Tip 1: How to account for second-hand goods:
You don't pay Vat on second-hand purchases but there are still important rules to follow to claim an input tax credit.

Tip 2: Can you claim Vat back for your home office:
If you use half your home for business purposes, you may only claim 50% of the Vat on your expenses.

Life would be so much simpler if you had a Vat specialist chained to your desk, churning out your Vat returns and keeping you on the straight and very narrow Vat path. Sounds like a pipe dream. But it could be a reality.

Let me tell you how…

***
The little orange book
SARS doesn't want you to know about.

Click here for more
***

We can't give you the Vat specialist in the flesh. But we can give you a Vat specialist in spirit. He can fit into your jacket pocket so he's always near at hand. And that's the best place for any Vat specialist to be in relation to you – right in your pocket.

Click here to find out how to get 231 Vat tips straight from the experts...


Until next time,

Philip Rosenberg

Product Manager
Fleet Street Publications

P.S Have a burning Vat question? Go to the Accounting and Tax Club!! It's free - and a question is answered every nine minutes!


Labour and HR Club Top Question:

Dismissa during Probation period

hi Our contrats state clearly that a new employee is on 3 months probation and that the company can give 1 weeks notice during this time if employee does not meet our standards. My new employee has been with us for ... [see the answer]

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