HD Accountants

Accountants and tax consultants

Accountant Cape Town Fish Hoek

021 785 3306

Filing your VAT return is easy, we will need:

What is VAT?

VAT is a tax levied on the supply of services and goods.

It is important is to remember that you are appointed as an agent on behalf of SARS to collect the VAT and pay the VAT over to SARS, so if a client pays money into your account the 15% VAT doesn't belong to you and you are not entitled to use it, so you need to be careful to keep that VAT separate as you will be required to pay the VAT over to SARS on your VAT return.

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