VAT & SARS Submissions

A VAT return assembled retrospectively is a guess with a deadline attached. We do not work that way. Output and input tax are built up continuously from tax invoices captured as they are issued and received, matched against live bank feeds as transactions settle, so the return is effectively complete before the period even ends.

That distinction matters. Reconstructing VAT from a ledger after the fact means the source documents are found second and the number is found first — which is the wrong way round, and exactly what verification is designed to catch.

Input tax is only claimed where a valid tax invoice has actually been captured and meets the section 20(4) requirements — supplier VAT number, the words “tax invoice”, correct details, the lot. Anything missing is queried with the supplier during the period, while there is still time to obtain it, rather than written off at the deadline.

We track your vendor category so the deadline is the right one: most vendors file every two months on Category A or B, monthly if taxable supplies exceed R30 million, and farming operations on their own cycle. If you are approaching the R1 million compulsory registration threshold we tell you before SARS does.

When a refund is selected for verification, the supporting invoice pack already exists, because it was captured as the period ran.