Employees’ tax, which comprises of Pay-As-You-Earn (PAYE) and Standard Income Tax on Employees (SITE), refers to the tax required to be deducted by an employer from an employee’s remuneration paid or payable.

VAT Return Services

Are you struggling with the complex and complicated nature of the VAT returns process? Are you finding it difficult to calculate your input and output VAT calculations and quarterly submissions to the tax authorities? Are you looking to outsource VAT return services to an able and reliable VAT return service provider? If so, you are in luck, because we provide a complete range of VAT return services.

VAT or Value Added Tax is the tax levied on every exchange and is applicable to all activities involved in the production and provisioning of goods and services. VAT returns normally involve the payment due and post deduction of VAT on purchases from the VAT amount charged on the sale.

Harvey Administration is a leading VAT return service providing company and can take care of all your VAT return needs. VAT is often a very tedious and monotonous job for enterprises to handle and is best outsourced. If your organisation is looking for expert VAT return services.

We understand the need to be flexible when it comes to doing bookkeeping and VAT Returns for businesses, that’s why we offer both Offsite and onsite bookkeeping or mixtures of both to our clients.

Our Service Promise

If you are not registered for VAT and would like to register for it, we can do that for you. Our VAT returns service is targeted towards businesses of all sizes.

Should you need VAT de-registration assistance, we can help with that as well. We can completely de-register you from the VAT scheme.

We help with accurately setting-up your VAT account and also help you accurately maintain your financial records to comply with all relevant regulations.

We provide highly-accurate VAT calculations, including input VAT and output VAT calculations. You can relax and focus your energy on growing your business. Outsourcing VAT return services has never been easier.

We help you submit your VAT returns online in a timely manner so that you avoid having to deal with penalties and other liabilities. We always act in your best interest to make sure you do not underpay or overpay your VAT amounts.

We can help you better optimise your tax positions by helping you maintain a comprehensive and up-to-date record of all your sales and purchases from the previous VAT period.

We will act as your registered representative with the tax authorities and save you considerable money, effort, and time that you would otherwise have to spend while dealing with the tax authorities.

We help you meet all statutory obligations and also help you avoid paying costly penalties. We make sure that you stay on top of your VAT returns and comply with all regulations.

Frequently Asked Questions

Value-Added Tax is commonly known as VAT. VAT is an indirect tax on the consumption of goods and services in the economy. Revenue is raised for government by requiring certain businesses to register and to charge VAT on the taxable supplies of goods and services. These businesses become vendors that act as the agent for government in collecting the VAT.

VAT is charged at each stage of the production and distribution process and it is proportional to the price charged for the goods and services.

VAT increased from 14% to 15% from 1 April 2018. VAT is levied on the supply of most goods and services and on the importation of goods. The VAT on the importation of goods is collected by customs. There is a limited range of goods and services which are subject to VAT at the zero rate or are exempt from VAT.
Any person that carries on a business may register for VAT. You can register once for all different tax types using the client information system. The term person is not only limited to companies but also includes, amongst others, individuals, partnerships, trust funds, foreign donor funded projects and municipalities. In order to register, an application form must be completed and a specific process must be followed, both of which you can find on our page how to register for VAT.
 
It is mandatory for a person to register for VAT if the taxable supplies made or to be made is, in excess of R1 million in any consecutive twelve month period.
 
A person may also choose to register voluntarily if the taxable supplies made, in the past period of twelve months, exceeded R50 000. As from the 1st of March 2012, qualifying micro businesses that are registered for Turnover Tax may also choose to register for VAT provided that all the conditions for voluntarily registration for VAT are met.

A vendor is required to submit VAT returns and make payments of the VAT liabilities (or claim a VAT refund) in accordance with the tax period allocated to the vendor. The VAT returns and payments are normally submitted / made on or before the 25th day after the end of the tax period. Late payments of VAT will attract a penalty and interest.