Bookkeeping Academy

Bookkeeping Academy | Your Training & Development Partner 🌱

🌐: www.bookkeepingacademy.org

⚠️Only once SARS has issued your business with the VAT registration details that - includes the VAT number as well as schedule submissions.
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You are not going to charge people VAT and have comments such as "pending" instead of the VAT number on your Tax invoices! That's fraud.

Customers have every right to request your business VAT number when they are charged for it on their purchases.

Don't be that guy!

Let's further learn what constitutes a valid tax invoice as per SARS.

VAT MASTERCLASS – WEBINAR 🎙️

Join the conversation ⏳:
https://www.facebook.com/share/18QsNC57KB/

Purchase your ticket 🎟️ 👇🏿
https://www.bookkeepingacademy.org/product/value-added-tax/

📆: Friday, 29 May 2026
⏰: 10AM - 12PM
📍: 👩🏿‍💻ZOOM
🏷️: R550.00 PP

For more ℹ️
☎️: [060] 705 2488 / [082] 224 9737
📧: [email protected]
🌐: www.bookkeepingacademy.org

It will be nice hosting you 💛

Some business owners still confuses Income tax with VAT.

It is important to note that one is direct tax while the other is an indirect tax.

What is VAT?

It is a Value Added Tax. In SA it is charged at the rate of 15%

This is the money that belongs to the Government. Not you or your business. It is added on the goods we purchase from the retailers or businesses and they pay it over to SARS. Thus they are VAT Vendors, acting as agents in collecting these monies on behalf of the receiver of revenue. We all as consumers pay VAT.

But as businesses, how do we treat VAT to comply. As the government afford us voluntary and compulsory registration.

Wish to learn more?

Let's connect online 🎙️



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VAT MASTERCLASS – WEBINAR 👨🏿‍💻
https://www.facebook.com/share/14fNxiUdc7q/

Purchase your ticket 🛒
https://www.bookkeepingacademy.org/product/value-added-tax/

📆: 29 May 2026
🏷️: R550.00
⏰: 10:00AM - 12:00PM
📌: ZOOM 💻
For more ℹ️
☎️/📱: [060] 705 2488 / [064] 502 9790
📧: [email protected]
🌐: www.bookkeepingacademy.org

Bookkeeping Academy 💚

VAT and Pricing ⚠️

VAT MASTERCLASS – WEBINAR

Comment:
I would like to register for VAT so that I can increase my profit margin. Instead of increasing the price of my products.

Response:
In no way you must consider the VAT amount you charge on your products / services as your money. You are in possession of the funds temporarily as you will be expected to account for them every 2 months to SARS, in the form of filing VAT returns. As a VAT registered vendor you act as an agency to SARS, collecting the 15% you charge on behalf of the receiver of revenues, from the consumers or businesses. Hence you are identified as a VAT vendor.

When determining the pricing of your goods please exclude the 15%.
Should your suppliers increase their pricing and you don't, know that the discrepancies will be eating on your profits. Decreasing them way more!

Let's talk about VAT!

⏳Event details 👩🏿‍💻:
https://www.facebook.com/share/1EEuMuMZjk/

🛒To purchase your ticket 🎟️:
https://www.bookkeepingacademy.org/product/value-added-tax/

🗓️: 29 May 2026
⏰: 10:00AM - 12:00PM
🏷️: R550.00 Per Person

For more ℹ️:
📞/📱: [060[ 705 2488 / [082] 224 9737
📧: [email protected]
🌐: www.bookkeepingacademy.org

⚠️ VAT registration threshold changes for both Voluntary and Compulsory were announced just this year with the budget speech by the minister of finance.

Compulsory Registration:
Increased from R1 million to R2.3 million.
Voluntary Registration: Increased from R50,000 to R120,000.

What does this mean for Small businesses?

And some business owners are conteplating of deregistering the VAT tax type since these announcement.

But 🤔 - will this be a wise move?

Join us as we highlight all the answers and help you in making a clear and informed decision on this issue.

VAT MASTERCLASS – WEBINAR 🎙️

Event Details ⏳
https://www.facebook.com/share/1GzUSaoUcr/

📅: 29 May 2026
⏰: 10:00AM - 12:00PM
🏷️: R550:00 PP
👩🏿‍🏫: ZOOM
🛒: 🎟️ https://www.bookkeepingacademy.org/product/value-added-tax/

For more information:
📞/☎️: [060] 705 2488 / [064] 502
9790
📧: [email protected]
🌐: www.bookkeepingacademy.org

- We offer Various payment Options. Learn here 🔗 https://www.bookkeepingacademy.org/courses/

It will be nice hosting you 💚

Bookkeeping Academy 👩🏿‍🎓

Businesses that are VAT registered prefers to work with entities that are also VAT registered. This helps them not carry a big sum of VAT liability with them.

⚠️ Note that VAT registration also comes with a lot of administration.

In most cases, you are asked for the Vat number by the suppliers or those who have an interest in working with you.

It is for that reason SARS afford us: Compulsory or Voluntarily VAT registration.

The big liability is caused by the difference between Input VAT and Output VAT calculations.

Want to learn more?

Join our upcoming webinar VAT MASTERCLASS – WEBINAR 🎙️

⏳Event details:
https://www.facebook.com/share/1DzVqDVcEs/

🎫 Tickets are purchased here 🛒: https://www.bookkeepingacademy.org/product/value-added-tax/

📅: 29 May 2026
⏰: 10:00 - 12:00
🏷️: R550.00 PP

For more ℹ️:
📲/ 📞: [060] 705 2488 / [082] 224 9737
📩: [email protected]
🌐: www.bookkeepingacademy.org
👨‍💻: Zoom

See you online 👩🏿‍🏫 🔜 😍

We cannot wait to host you tomorrow 💕

From tomorrow ⚠️
- you will change how you do things in your business. Having to understand how each and every transaction play a huge role in your business.
- how each transaction can either leave a positive [+] or a negative [-] effect thereof

Bring your ☕ and let's talk online 👩🏿‍🏫

Buy your ticket 👇🏿
Bookkeeping for Small Businesses, Business Finance and Tax - Webinar 🎙️

We also have a variety of payment options 💳
Learn here: https://www.bookkeepingacademy.org/courses/ to enrol for our courses/

Event details ⏳:
https://www.facebook.com/share/17NPfKbjpJ/

📅: Friday, 01 May 2026
⏰:10:00AM – 14:00PM
📍: Online Event via Zoom

For more ℹ️:
📩: [email protected]
☎️/📱: (060) 705 2488
🏷️ = R950,00 per person
🌐: www.bookkeepingacademy.org

🛒: Purchase your ticket here 🎟️ 🔗
https://www.bookkeepingacademy.org/product/bookkeeping-for-smmes-business-finance-and-tax/

Bookkeeping Academy | Your Training and Development Partner

It will be nice hosting you 👩🏿‍🏫