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  • Vat Recon Template

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    Tiyani
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    This document is a VAT summary for ABCs (Pty) Ltd for the period of May 1st, 2023 to June 30th, 2023. It shows the VAT number, basis, and period covered. It also includes a breakdown of taxes by component such as standard rate purchases, sales, and zero rated purchases. The summary calculates the VAT payable as R267,960.26 based on paid customer invoices for the period.

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    VAT RECON TEMPLATE

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    This document is a VAT summary for ABCs (Pty) Ltd for the period of May 1st, 2023 to June 30th, 2023. It shows the VAT number, basis, and period covered. It also includes a breakdown of taxes by component such as standard rate purchases, sales, and zero rated purchases. The summary calculates the VAT payable as R267,960.26 based on paid customer invoices for the period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    4 views2 pages

    Vat Recon Template

    Uploaded by

    Tiyani
    This document is a VAT summary for ABCs (Pty) Ltd for the period of May 1st, 2023 to June 30th, 2023. It shows the VAT number, basis, and period covered. It also includes a breakdown of taxes by component such as standard rate purchases, sales, and zero rated purchases. The summary calculates the VAT payable as R267,960.26 based on paid customer invoices for the period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 2

    VAT Summary

    ABCs (Pty) Ltd


    For the period 1 May 2023 to 30 June 2023

    VAT Number
    VAT Basis
    VAT Period covered
    From
    To

    Tax Rate Net

    Taxes by Tax Component

    Goods and Services Imported


    Goods and Services Imported (0%) 0.0%
    Total Goods and Services Imported 0.0%

    No VAT
    No VAT (0%) 0.0% -R3 731 864.67
    Total No VAT 0.0% -R3 731 864.67

    Standard Rate Purchases


    Standard Rate Purchases (15%) 15.0% -R1 922 179.71
    Total Standard Rate Purchases 15.0% -R1 922 179.71

    Standard Rate Purchases - Capital Goods


    Standard Rate Purchases - Capital Goods (15%) 15.0% R0.00
    Total Standard Rate Purchases - Capital Goods 15.0% R0.00

    Standard Rate Sales


    Standard Rate Sales (15%) 15.0% R3 708 581.98
    Total Standard Rate Sales 15.0% R3 708 581.98

    Zero Rated Purchases


    Zero Rated Purchases (0%) 0.0% -R192 061.89
    Total Zero Rated Purchases 0.0% -R192 061.89

    VAT Payable / (Receivable)

    Per Paid Customer Invoices 5 333 266.99


    VAT Payable / (Receivable)
    Accrual Basis
    2 Monthly
    1/05/2023
    30/06/2023

    Tax

    -R1 268 526.73


    -R1 268 526.73

    R0.00
    R0.00

    -R288 327.08
    -R288 327.08

    R0.00
    R0.00

    R556 287.34
    R556 287.34

    R0.00
    R0.00

    R 267 960.26 Per Xero

    695 643.52 Per "Invoice Summary"


    407 316.44

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