VAT201 Nil Return Submission

Product Description

This service is designed for South African businesses and individuals who are registered for VAT but have had no taxable transactions (supplies or acquisitions) within a specific VAT period. Submitting a VAT201 Nil Return is crucial for maintaining compliance with SARS, even when no VAT is due or reclaimable. Our expert team handles the accurate preparation and electronic submission of your nil return, preventing potential penalties, fines, or de-registration due to non-compliance, allowing you to focus on your core business.

What's Included

• Review of your VAT registration and period details
• Preparation of the VAT201 Nil Return
• Electronic submission of the nil return to SARS via eFiling
• Confirmation of successful submission

Prerequisites

• Active SARS eFiling profile access credentials
• Confirmation that no VATable transactions occurred during the relevant VAT period
• Your VAT registration number