Welcome to the SARS. Vendor Declarations VAT 201. •NO supporting documents must be attached to the form when submitting it to SARS. Mar 6, 2018 - Download >> Read Online >> vat return form south africa sars efiling vat201 form vat 201 manual submission vat201 form in excel format.

30 June 2010 The South African Revenue Service (Sars) has announced a new form for the remittance of Value Added Tax (VAT). The VAT 201 form became available on e-filing on 28 June 2010. The form will affect all vendors, specifically those involved in the import and export of goods. These vendors will now be required to indicate separately on their declarations all transactions involving the import and export of goods. Taxpayers who submit their VAT 201 manually must use the form that was provided to them by the Revenue Services. “Sars believes that the changes being introduced will help to improve efficiency and compliance across the different taxes administered by Sars,” it said.

The updated form includes additional information fields that will have to be filled in like a filed for the calculation of input tax that applies to capital goods imported in respect of which a valid release document is held. The form also includes a field for the calculation of input tax that applies to non-capital goods in respect of which a valid release document is held as well as a customs code next to the filed for “trading or other name”. This is the eight-digit number issued to importers and exporters when they register with the Revenue Service. For further assistance, vendors can visit a Sars branch or contact Sars on 0800 00 SARS (7277) or visit the.

VAT201 eFiling user guide for Value-Added Tax CONTENTS 1. INTRODUCTION........2 2. Mame 32. REGISTERING FOR VAT.......2 3. REQUESTING VENDOR DECLARATION......5 4.

COMPLETING THE VENDOR DECLARATION.....8 5. SUBMITTING THE VAT201 DECLARATION FOR A SPECIFIC TAX PERIOD...18 6. MAKING PAYMENT........20 7. MAKING ADDITIONAL PAYMENTS......24 8. REQUEST FOR CORRECTION.......25 9. SUBMITTING SUPPORTING DOCUMENTS......28 10.

VIEWING HISTORIC DECLARATIONS......32 11. REQUESTING STATEMENT OF ACCOUNT (VATSA).....32 1. INTRODUCTION Since 2007, the South African Revenue Service (SARS) has been modernising and simplifying tax processes in line with international best practice.

Improvements are being made continuously as we aim to better our service standards and increase efficiency and compliance. One of the aspects of compliance that SARS wishes to address is the declaration and payment of Value-Added Tax (VAT). During 2010 SARS announced that certain changes will be made to the VAT Vendor Declaration Form (VAT201 Declaration) aimed not only at improving systems processing but also at addressing SARS’s efficiency regarding risk assessment and tax compliance. The following changes apply effective April 2011: • A new VAT201 Declaration form in landscape format has been introduced.

It contains the same fields as the previous VAT201 form but with the following additional fields: ◆◆ Demographic information ◆◆ The declarant’s signature ◆◆ A Payment Reference Number (PRN) which will be pre-populated by SARS will replace the previous “reference number” This guide is designed to help you complete your VAT201 Declaration accurately and honestly. Note: The words declaration and return are used interchangeably in the document but both refer to the VAT201 Declaration. REGISTERING FOR VAT A vendor has to be registered as an eFiler to be able to register for VAT on eFiling. • This will apply to: ◆◆ Individuals ◆◆ Tax practitioners ◆◆ Organisations (e.g.

Companies, Close Corporations, Trusts and Exempt Institutions) To register for VAT on eFiling follow the steps below: Step 1 Navigate to www.sarsefiling.co.za Click on LOGIN Log in with your Log in name and Password 2 Step 2 Company Company, A ACompany123 Company 2001/123456/12 Once logged into eFiling, select “Organisation Tax Types” from the side menu options under ORGANISATION. Step 3 Company Tick the “VAT201” box to register for VAT, and fill in your VAT Reference Number and the Tax Office in the space provided. Note: Please note that once the vendor has registered for VAT on eFiling, no debit order payments will be allowed. EFiling user guide for Value-Added Tax 3 Step 4 Company The following messages will appear on the screen: “Tax Types successfully updated” and “Awaiting User Activation” Step 5 The information provided will go through a validation process and SARS will activate the user account and the status will be updated to “Return Successfully Activated” 4 3. REQUESTING VENDOR DECLARATION Note: A vendor will be able to request the VAT201 Declaration immediately after the VAT201 tax type has successfully been activated. A vendor will be allowed to: • Request for a VAT201 Declaration for the current tax period plus one future tax period • Request and submit a VAT201 Declaration for a past tax period.