The VAT health checks and compliance review allows KBTax to ensure there is no overstatement of VAT Output nor an under-claiming of VAT input amounts.
Consulting Services entails discussions with SARS on all levels such as requesting to waive penalties and interest, apply for extension on submission of returns and raise compliance issues.
KBTax VAT analysis determines the classification of Sales and Expenses and how their VAT portion is calculated in the return.
This may result in a decrease in the VAT Liability or may allow for VAT Refunds to be released that will ultimately provide overall efficiency of VAT Reporting.
Raised assessments on the Statement of Account, gives KBTax the opportunity to object to amounts rejected and submit a case to SARS on behalf of the client.
VAT IT14SD and Reconciliation Assistance – Assistance with VAT Reconciliation calculations with SARS.
VAT Registrations are structured around the nature of business of the entity. The paper trail will ensure a smooth process with registration and register the company with the very foundation it was formed.
All unreconciled payments are investigated with SARS and registered with its own case.