A VAT submission is usually required every 2 months and contains a record of all sales with, and without, VAT as well as purchases on which you plan to claim VAT.
Once submitted, SARS will often ask for supporting documents and you will need to provide evidence of the sales and purchases calculations, as well as supporting tax invoices.
Don't forget, the new VAT rate of 15% is effective from 1 April 2018.
Creative CFO can help with this process and will :
If SARS would like to do further audits on your business documentation beyond what we supply this will incur an additional charge from our side to assist.
We will need an engagement letter signed prior to any tax work, which will be sent by the practice team after checkout.