VAT201 Return

What is a VAT201?

The VAT201 is the periodic VAT return submitted to SARS to declare output VAT collected and input VAT claimed.

Think of it like this…

It’s the monthly or bi‑monthly scorecard of VAT in vs VAT out.

Why does it matter?

  • Late submissions attract penalties and interest
  • Persistent non‑compliance can suspend refunds
  • Accurate tax invoice records are essential

Best practice

Reconcile VAT to your general ledger and keep compliant tax invoices for at least five years.

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