EXAMPLES OF VALID S EXAMPLE 1 FULL REFLECTING THE PRICE, VAT AND TOTAL CONSIDERATION CHARGED of supplier Invoice No. 05/123 From : Thabo s Electrical Supplies clearly Tax VAT No. 69251230 Date: May 05 Legal name & address of the recipient To: Sierra Hotels (Pty) Ltd /5/05 Electrical cable rolls @ R100 each. Marble look wall lamps @ R325 each. Light switches @ R each. 2 000 1 300 3 00 Selling price VAT 6 700 VAT @ 1% 938 1
EXAMPLE 2 FULL REFLECTING THE TOTAL CONSIDERATION CHARGED, A STATEMENT THAT THE CONSIDERATION INCLUDES VAT, AND THE RATE OF VAT CHARGED Legal name & address of supplier Invoice No. 05/1235 From : T.B. Electrical (Pty) Ltd clearly Tax VAT No. 69251230 Date: 5 May 05 of the recipient To: Nevada Hotel 5/5/05 Electrical cable rolls @ R11 each Marble look wall lamps @ R370.50 each Light switches @ R22.80 each 2 280 1 82 3 876 Purchase price includes VAT @ 1% Statement that the consideration includes VAT and the rate of VAT 2
EXAMPLE 3 FULL REFLECTING THE TOTAL CONSIDERATION CHARGED AND THE AMOUNT OF VAT INCLUDED IN THE CONSIDERATION Legal name & address of supplier Invoice No. 05/1236 From : T.B. Electrical (Pty) Ltd clearly Tax VAT No. 69251230 Date: 6 May 05 Legal and trading name & address of the recipient To: Sierra Hotels (Pty) Ltd t/a Nevada Hotel 6/5/05 Electrical cable rolls @ R11 each Marble look wall lamps @ R370.50 each Light switches @ R22.80 each 2 280 1 82 3 876 VAT included R 938 Amount of VAT included in the consideration 3
EXAMPLE FULL FOR ZERO-RATED SUPPLIES of supplier Invoice No. J 9871 From : Billy s Bakery 123 Gingerbread Road clearly Tax VAT No. 72251031 Date: 13 July 05 Legal and trading name & address of the recipient To: Sierra Hotels (Pty) Ltd t/a Nevada Hotel 12/7/05 Loaves of brown bread @ R3.50 each 80 280 13/7/05 Loaves of brown bread @ R3.50 each 100 350 Total R 630 VAT included @ 0% nil Amount of VAT included in the consideration
EXAMPLE 5 FULL FOR MIXED SUPPLIES Tax Trading name & address of supplier NO. 1958 To : Trading name & address of the recipient Billy s Bakery 123 Gingerbread Road VAT No. 72251031 clearly Sipho s Tour Operators Ck no 99/52389/23 VAT No.: 1112581 57 Bush Heights BUSHLANDS 123 VAT of the supplier. Date : 30 November 05 or volume DATE QTY DESCRIPTION OF VAT R SERVICE/GOODS STATUS 30/11/05 2 Airport shuttle @ R150 per trip Exempt 300 1 Night game viewing drive Exempt 250 2 Tour guide fee @ R500 1% 1 000 nights Accommodation B & B @ R2 500 1% 10 000 5 Paintings 1%** 5 000 50 litres Diesel guest s private x vehicle 0% 0 VAT @ 1% on R 16 000 2* Total R18 990 Amount of VAT included in the consideration Note : * VAT = R10 000 + R1 000 + R5 000 = R16 000 x 1% = R2. ** VAT @ the standard rate of 1% if the customer removes the goods from South Africa. The tourist may however apply for a refund from the VAT Refund Administrator when departing from South Africa. 5