Results 1 to 7 of 7

Thread: Vat on Lotto Sales

  1. #1
    Full Member
    Join Date
    Sep 2011
    Location
    Carletonville, RSA
    Posts
    25
    Thanks
    9
    Thanked 0 Times in 0 Posts

    Vat on Lotto Sales

    Hi

    I have a Lotto terminal installed in one of my businesses, we need to pay vat on our commission. Is there anyway or form i can use other than going to sars each time?
    Any help would be appreciated

  2. #2
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    20,980
    Thanks
    3,055
    Thanked 2,463 Times in 2,068 Posts
    Blog Entries
    12
    Are you a registered VAT vendor?
    The trouble with opportunity is it normally comes dressed up as work.

  3. #3
    Silver Member geraldenek's Avatar
    Join Date
    Jul 2008
    Location
    Somerset West
    Posts
    229
    Thanks
    19
    Thanked 112 Times in 80 Posts
    you can register on e-filing. (www.sarsefiling.co.za)
    Geraldene Kapp
    Professional Tax Help
    www.mytaxhelp.co.za

  4. #4
    Full Member
    Join Date
    Sep 2011
    Location
    Carletonville, RSA
    Posts
    25
    Thanks
    9
    Thanked 0 Times in 0 Posts
    i was afraid somebody would say efiling thanks

  5. #5
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    20,980
    Thanks
    3,055
    Thanked 2,463 Times in 2,068 Posts
    Blog Entries
    12
    What have you got against efiling? It's great!

    Certainly way better than schlepping down to your local SARS office
    The trouble with opportunity is it normally comes dressed up as work.

  6. #6
    Email problem nico42's Avatar
    Join Date
    Dec 2011
    Location
    US
    Posts
    14
    Thanks
    0
    Thanked 3 Times in 3 Posts
    I think you have to pay VAT on your comission, as on anything else. And yes efiling seems to be very useful!

  7. #7
    Full Member
    Join Date
    Oct 2011
    Location
    Gordon's Bay, Western Cape
    Posts
    67
    Thanks
    2
    Thanked 2 Times in 2 Posts
    Yes, eFiling is GREAT and real useful if you are very far from a SARS office and have a very busy schedule! And yes, you must pay tax on your commission as with everything else.

Similar Threads

  1. Anyone looking for a sales Representative?
    By annemie89 in forum General Business Forum
    Replies: 4
    Last Post: 20-Oct-10, 09:58 AM
  2. I just won 2000,000 pounds on irish lotto
    By wynn in forum Scam Alert Forum
    Replies: 2
    Last Post: 02-Mar-10, 10:02 AM
  3. Looking for a Sales Manager
    By Fitness freak in forum Marketing Forum
    Replies: 2
    Last Post: 29-Oct-09, 09:40 PM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •