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  1. South Africa Tax - Domestic Reverse Charge Vat SA

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    submitted  ·  6 comments  ·  For small businesses » Business features  ·  Admin →
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    Alan Shenton supported this idea  · 
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    Alan Shenton commented  · 

    Hi, DRC VAT calculations are causing huge issues for us and reporting thereof to SARS. It is still not available as a feature in Tax Rates like it is for the UK Xero setup. It's very simple, we are only talking about 15% on income / expenses correctly applied to Field 12 in the VAT 201 table so that we can submit directly to SARS without manual journals and excel spreadsheets.