SARS more often nowadays are and will be, requesting documentation relating to Tax Invoices and claiming of input VAT. VAT will be automatically adjusted if the main input claims are not invoiced correctly and to the correct representative taxpayer.
All invoices must contain the following:
Full tax invoice (Consideration of R3, 000.00 or more) - the words, "tax invoice" must be in a prominent place, name, address and VAT registration number of the supplier, Name, address and VAT registration of the recipient, serial number and date of issue, full and proper description of the goods and services, quantity or volume of goods or services supplied, price and VAT. (Subject to the below methods)
Abridged tax invoice (Consideration less than R3, 000.00) - the words "tax invoice" in a prominent place, Name, address and VAT registration number of the supplier, serial number and date of issue, a description of the goods and services, Price and VAT. (Subject to the below methods)
One of the three methods must be used.
Price (excl VAT) R 500
VAT charged R 70
Total Including VAT 570
Total consideration R570
VAT included @ 14%
Total consideration R 570
VAT included R 70
One should consult SARS VAT404 - Guide to vendors.