Get Tax Invoice Checklist

Filling out the Tax Invoice Checklist is essential for ensuring compliance with tax regulations. This guide will provide you with clear, step-by-step instructions on how to complete the checklist accurately and efficiently online.

Follow the steps to complete the Tax Invoice Checklist online

1. Click ‘Get Form’ button to access the checklist and open it for editing.
2. Begin by determining whether you are completing a full tax invoice or an abridged tax invoice based on the value of the supply. If the supply exceeds R5000, select 'full tax invoice'. If the supply is greater than R50 but less than R5000, select 'abridged tax invoice'.
3. Ensure that the checklist contains the words 'Tax Invoice', 'VAT Invoice', or 'Invoice' at the top. This is crucial for compliance.
4. Enter the name, address, and VAT registration number of the supplier. This information must be accurate and matches the registered details.
5. For vendors, include the name, address, and VAT registration number of the recipient. If the recipient is not a vendor, this field can be skipped.
6. Record the serial number and date of issue of the invoice. This information helps in tracking and referencing the invoice.
7. Provide an accurate description of the goods and/or services supplied. If any goods are second-hand, this must be indicated.
8. Detail the quantity or volume of goods or services supplied. Ensure that this aligns with the description provided.
9. Finally, record the value of the supply, the amount of tax charged, and the total consideration of the supply including both value and tax.
10. Review the checklist to confirm all criteria have been met—seven for a full tax invoice and five for an abridged tax invoice. Make any necessary corrections.
11. Once completed, save any changes you have made to the checklist. From here, you may download, print, or share the document as needed.

Start completing your Tax Invoice Checklist online today to ensure compliance with tax regulations.