Im not all that VAT savvy (YET), I received money from sars in June, R28652.00. I allocated this income to my tax control account in my cashbook.
Now doing my VAT the difference between my vat control account and grand total (on my Tax Box report) is R28652.00.
Do I pay the Grand total which is the input - the output or the Vat Control Account, if I pay the Grand total amount (which is less than the vat control account amount) wont my vat control amount always differ with that 28652.00??
Thanks for your help