Accounting for VAT Training

Learning Outcomes

• Apply the principles of VAT to determine the tax status of supplies.
• Calculate output tax, input tax, and VAT payable or refundable.
• Complete VAT returns accurately and within the prescribed deadlines.
• Analyze the impact of VAT on business transactions and financial statements.
• Evaluate the implications of VAT exemptions, zero-rating, and standard-rating.
• Demonstrate compliance with the South African VAT Act and related regulations.

Target Audience

This course is designed for bookkeepers, accountants, financial managers, and business owners who need to understand and manage VAT obligations effectively.

Prerequisites

None — open enrollment

Course Outline

Practicals

Overview

Practical sessions allow learners to apply VAT principles to realistic scenarios, including calculating output and input tax, completing VAT returns, and handling special transactions. These hands-on exercises reinforce the theoretical content and develop the skills necessary for accurate VAT accounting and compliance.

Practical Activities

• Practical 1: VAT Calculation and Invoicing — Learners work through case studies involving various supply types, calculate output and input tax, and prepare valid tax invoices and credit notes. (4h)
• Practical 2: Completing a VAT Return (VAT201) — Using provided transaction data, learners complete a VAT201 return, including adjustments, and determine the amount payable or refundable. (4h)
• Practical 3: Special Transactions and Apportionment — Learners analyse scenarios involving second-hand goods, fringe benefits, and mixed-use supplies, and apply apportionment methods to claim input tax correctly. (4h)
• Practical 4: VAT Compliance and Audit Simulation — Learners review a simulated VAT audit, respond to SARS queries, and rectify non-compliance issues, including penalties and interest calculations. (4h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total

Component	Out of	Weight
Practical Assignments (rubric-scored)	100%	30%
Daily Average (multiple choice)	100%	20%
Final Test (multi-answer multiple choice)	100%	50%
Final Total	—	100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

How it works

• Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
• Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
• You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
• If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.

Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates	Discount
5	3% off
10	6% off
15	9% off
20	12% off
25	15% off
30	18% off
50	30% off
75	35% off
100	40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.