MyVat MyVat is a professional Tax firm situated in Cape Town.
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Merry Christmas to everyone and a Happy new year wishing you all the best.Thank you to everyone for supporting us.
24/12/2024

Merry Christmas to everyone and a Happy new year wishing you all the best.
Thank you to everyone for supporting us.

If you need to save money for your business or you’re unsure of whether your VAT is genuinely in order – you’ve come to ...
18/12/2024

If you need to save money for your business or you’re unsure of whether your VAT is genuinely in order – you’ve come to the right place...
While our key service is VAT recalculations and reconciliations, we also provide a selection of accounting support services that will help you streamline your VAT and accounting.
Contact Liana today via cell or whatsapp at 083 542 7747 or email
[email protected]






100% VAT RECOVERY SUCCESS RATE. ZERO RISKIn partnership with Ascertain Solutions, we use proprietary VAT recovery softwa...
12/12/2024

100% VAT RECOVERY SUCCESS RATE. ZERO RISK
In partnership with Ascertain Solutions, we use proprietary VAT recovery software, which has been especially developed to guarantee that you will be eligible for a VAT return from SARS. If for any reason we can’t recover VAT for your business, then there is absolutely no fee to you.
OUR SERVICE COMES AT ZERO RISK TO YOU
Contact Liana via cell or whatsapp at 083 542 7747 or simply email
[email protected]






Get a VAT refund from SARS that your business may be eligible for with our VAT recovery and VAT specialist services...Wh...
03/12/2024

Get a VAT refund from SARS that your business may be eligible for with our VAT recovery and VAT specialist services...
While there is no doubt that your accounting team does a great job, accounting departments are often under immense pressure and human error is an unavoidable fact; in addition to which, tax laws change regularly. This is why a VAT specialist, focused specifically on VAT recovery, can and will help your business legitimately get money back with a recalculation of your tax submissions to SARS.

Contact Liana today for more information on via cell or whatsapp at 083 542 7747 or simply email

[email protected]






How much does your VAT Savings Training cost?We give training in specific areas of VAT as required by the client at an H...
21/11/2024

How much does your VAT Savings Training cost?
We give training in specific areas of VAT as required by the client at an Hourly tariff of R750 per hour. The time needed to give the training will be determined by the complexity of the area in which you require training. Our VAT Recovery service includes training on the areas identified in our report free of charge.
Contact Liana via cell or whatsapp at 083 542 7747 or simply email
[email protected]






Is my financial and sensitive data safe?Yes absolutely. We work to a strict code of ethics that govern all accounting pr...
15/11/2024

Is my financial and sensitive data safe?

Yes absolutely. We work to a strict code of ethics that govern all accounting practices and no information is divulged to anyone. We only engage with SARS on your behalf, if you need, once we have explained our findings to you.
Contact Liana today via cell or whatsapp at 083 542 7747 or simply email
[email protected]





Do you replace my accountant/accounting team?No. We are not here to replace any of your accounting and auditing function...
08/11/2024

Do you replace my accountant/accounting team?
No. We are not here to replace any of your accounting and auditing functions. We simply review your transactions and raise rebates where they are due.
Contact Liana today via cell or whatsapp at 083 542 7747 or simply email

[email protected]





How much will this cost me?This exercise costs you nothing. We only charge once the rebate has been calculated and submi...
01/11/2024

How much will this cost me?
This exercise costs you nothing. We only charge once the rebate has been calculated and submitted to SARS, and that rate is 50% of the rebate due to you. In other words, you only gain from this process, you don’t lose at all.
Contact Liana via cell or whatsapp at 083 542 7747
Or simply e-mail
[email protected]





What happens if I owe SARS money before we do these VAT recalculations?SARS will set-off your rebate against outstanding...
25/10/2024

What happens if I owe SARS money before we do these VAT recalculations?
SARS will set-off your rebate against outstanding debt you owe. In other words, our claim will lower your liability to SARS. Owing money to SARS does not prevent us from assessing your transactions and raising rebates. You are however still liable to pay our invoice.

For more information on our professional services contact Liana via cell or whatsapp at 083 542 7747 or simply email
[email protected]





How to Optimize Your VAT Refund StrategyKey Takeaways:Effective VAT refund strategies can significantly enhance cash flo...
13/10/2024

How to Optimize Your VAT Refund Strategy
Key Takeaways:
Effective VAT refund strategies can significantly enhance cash flow.
Utilizing professional services like MyVAT ensures accurate and efficient VAT recovery.
Regular audits and up-to-date records are crucial for optimizing VAT refunds.
VAT Refund Strategy
Optimizing your VAT refund strategy is essential for improving cash flow and ensuring compliance with tax regulations. At MyVAT, we specialize in helping businesses maximize their VAT refunds through meticulous planning and professional expertise.

Maintain Accurate Records
Detailed Documentation
Keeping detailed and accurate records of all transactions is the foundation of a successful VAT refund strategy. This includes invoices, receipts, and all relevant documents that support your VAT claims. Organized documentation ensures that all eligible VAT is claimed and reduces the risk of errors during audits.

Regular Updates
Regularly updating your records is crucial. Ensure that all financial transactions are recorded promptly and accurately. This practice not only helps in tracking your expenses but also makes it easier to identify and claim eligible VAT refunds.

Understand VAT Regulations
Stay Informed
VAT regulations can be complex and frequently updated. Staying informed about the latest changes in VAT laws is essential. At MyVAT, we provide up-to-date information and guidance to help you navigate these regulations effectively.

Compliance
Compliance with VAT regulations is non-negotiable. Ensure that your business adheres to all legal requirements to avoid penalties and maximize your VAT refund opportunities. Regular training and updates for your finance team can help maintain compliance.

Utilize Professional Services
Expert Guidance
Hiring professional VAT refund services like MyVAT offers several advantages. Our experts have in-depth knowledge of VAT regulations and can identify opportunities for VAT recovery that you might miss. We provide tailored solutions to optimize your VAT refund strategy.

Audit Preparation
Preparing for a VAT audit can be stressful. Professional services assist in organizing your records, identifying discrepancies, and ensuring that you are fully prepared for any audits. This proactive approach minimizes the risk of issues arising during an audit.

Conduct Regular Audits
Internal Audits
Conducting regular internal audits helps identify areas for improvement and ensures that all VAT claims are accurate. Internal audits also help in maintaining compliance and identifying discrepancies early.

External Audits
External audits by professional services like MyVAT provide an additional layer of assurance. These audits offer an objective review of your records and VAT claims, ensuring that everything is in order and maximizing your refund potential.

Leverage Technology
Automated Systems
Using automated systems for record-keeping and VAT tracking can streamline your processes and reduce the risk of errors. These systems provide real-time updates and make it easier to manage your VAT claims efficiently.

Data Analysis
Leveraging data analysis tools helps in identifying trends and opportunities for VAT recovery. By analyzing your financial data, you can pinpoint areas where you can optimize your VAT refund strategy and improve overall financial performance.

Focus on Eligible Expenses
Identify Eligible Expenses
Not all expenses are eligible for VAT refunds. Identifying and categorizing eligible expenses accurately ensures that you maximize your VAT claims. This includes understanding the specific requirements and regulations related to different types of expenses.

Claim on Time
Timely submission of VAT claims is crucial. Ensure that all eligible expenses are claimed within the stipulated time frame to avoid missing out on potential refunds. Regularly review your records to ensure all claims are submitted promptly.

Plan for the Future
Strategic Planning
Incorporating VAT refund strategies into your overall financial planning helps in optimizing cash flow and ensuring long-term financial health. Regularly review and update your strategies to adapt to changes in regulations and business needs.

Continuous Improvement
VAT refund strategies should evolve with your business. Continuously seek ways to improve your processes, stay informed about regulatory changes, and leverage professional services to enhance your VAT recovery efforts.

Contact Liana via cell or whatsapp at
083 542 7747 or email
[email protected]




What happens if I owe SARS money before we do these VAT recalculations?SARS will set-off your rebate against outstanding...
26/09/2024

What happens if I owe SARS money before we do these VAT recalculations?
SARS will set-off your rebate against outstanding debt you owe. In other words, our claim will lower your liability to SARS. Owing money to SARS does not prevent us from assessing your transactions and raising rebates. You are however still liable to pay our invoice.
Contact Liana via cell or whatsapp at
083 542 7747 or simply email
[email protected]



Who will be helping me? Who do I deal with?We will assign a professional auditor to your business who will be introduced...
01/04/2024

Who will be helping me? Who do I deal with?
We will assign a professional auditor to your business who will be introduced to you before we begin.

What savings are you going to get me?We cannot give a definitive answer to that question as it depends on how many trans...
26/03/2024

What savings are you going to get me?
We cannot give a definitive answer to that question as it depends on how many transactions are due for a rebate. Typically however, we save our clients thousands of Rands.

Do you replace my accountant/accounting team?No. We are not here to replace any of your accounting and auditing function...
20/03/2024

Do you replace my accountant/accounting team?
No. We are not here to replace any of your accounting and auditing functions. We simply review your transactions and raise rebates where they are due.

How much will this cost me?This exercise costs you nothing. We only charge once the rebate has been calculated and submi...
14/03/2024

How much will this cost me?
This exercise costs you nothing. We only charge once the rebate has been calculated and submitted to SARS, and that rate is 50% of the rebate due to you. In other words, you only gain from this process, you don’t lose at all.

Will SARS not have a problem with paying the rebate?Generally no. They may ask to review the transactions we have raised...
08/03/2024

Will SARS not have a problem with paying the rebate?
Generally no. They may ask to review the transactions we have raised for rebate, but we will handle this review process for you.

Which accounting programs can you work with?Typically we work with Pastel and Sage, but we can work with whatever accoun...
02/03/2024

Which accounting programs can you work with?
Typically we work with Pastel and Sage, but we can work with whatever accounting package that you use.

Address

99 Jip De Jager Drive
Cape Town
7530

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

Telephone

+27835427747

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