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Thread: Notional Input vat on sale of land.

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    Notional Input vat on sale of land.

    Good day

    I am a aspiring CA still busy with my articles and i am having trouble with a Vat issue and hoped your form can save me. My client bought land before 10 January 2012 and sold it last year. Input Tax was claimed on a fixed property acquired from a non-vendor prior to 10 January 2012, therefore the input VAT was limited to the transfer duty paid. SARS didn't allow me claim the notional input vat on the sale. I would just like to know how can i dispute this?

    Really hope you guys can help me! i am in a flat spin. Any advice would be much appreciated please!

    Thanks
    John.

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    48?

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    Do you want to claim VAT on the sale?

    Your client has to pay VAT over to SARS on the sale of the property
    Wisdom is to do now what you will be satisfied with later

    https://erasmusw.wixsite.com/e-ab

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    Okay, thank you very much!!!

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