Introduction of the Dynamic Value-Added Tax Vendor Declaration Form (VAT201)

As announced last year, SARS will be making changes to the VAT201 form aimed not only at improving its systems but also at addressing SARS’s efficiency regarding risk assessment and tax compliance. This letter outlines the first of several improvements that will be introduced during this year as SARS progresses on its journey to modernise and improve its service offering to vendors. Click on the PDF below to read more.

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