VAT Supply Rules: Standard-Rates vs Zero-Rated vs Exempt Supplies Self-Study Course

This course helps learners confidently classify supplies for VAT purposes as standard-rated, zero-rated, or exempt. It focuses on practical decision-making, the impact of classification on pricing, invoicing, input VAT claims, VAT201 reporting, and where SARS scrutiny is most common—especially around zero-rating and mixed supplies.

Who will benefit

• VAT-registered business owners who price and invoice goods/services
• Bookkeepers and junior accountants responsible for VAT coding and VAT201 preparation
• Finance managers reviewing VAT risks and VAT outcomes
• Anyone dealing with mixed supplies (some taxable, some exempt)

Topics Discussed:

• Why Supply Classification Matters
• The Three Supply Categories in Plain English
• Standard-Rated Supplies — The Default Rule
• Zero-Rated Supplies — “VAT at 0%” (and Why Proof Matters)
• Exempt Supplies — No VAT Charged, Limited VAT Recovery
• Mixed Supplies — When Your Business Has More Than One Category
• Invoicing Rules and Disclosure for Each Supply Type
• VAT Coding and Chart-of-Accounts Setup for Clean Reporting
• VAT201 Reporting — Where Each Supply Type Shows Up
• Common Classification Mistakes and How to Avoid Them