VAT Change in use

The VAT Act allows a taxpayer to claim an input tax credit where VAT was paid by that taxpayer on goods that where acquired and applied for purposes other than making taxable supplies and that is subsequently applied for the purpose of making taxable supplies.

Creative CFO can help with this process and will :

  • Ensure the assets are verified at the date of VAT registration.
  • Ascertain the value of all assets and select the appropriate methodology to do so.
  • Collect additional asset breakdowns and back up documentation.
  • Calculation of change in use claim.
  • Supplying supporting documentation to SARS

When you check out you may select a quantity of 1 and we'll get in touch with a confirmation of what information we'll need from you to get started.