Lucem Publishers

The new tax fraction applicable from 1 April 2018

The new tax fraction to calculate the amount of VAT is as follows:


Rate of tax 15
________________________________________ = ________________________________________
100 + rate of tax 115

For example, if the VAT-inclusive price (final consideration) is R1 150, the VAT amount is calculated as follows:

R1 150 × 15/115 = R150 VAT


Effect on VAT Vendors
Vendors should determine when supplies of goods and services are deemed to have taken place and also consider the special rules that apply when there is a change in the VAT rate to ensure that the correct rate of VAT is applied in respect of the supply, the acquisition and importation of goods and services. A comprehensive set of Frequently Asked Questions (FAQs) is available on the SARS website or you can click here to open the document.
How to prepare and submit your VAT201
Vendors whose tax periods span the old VAT rate of 14% and the new VAT rate of 15% (effective from 1 April 2018) will be required to declare these transactions on a single VAT201 return. The most impacted would be the Category B vendors whose tax periods are periods of two months ending on the last day of April 2018. Also impacted are the Category D vendors whose tax periods are periods of six months ending on the last day of August 2018. Category E vendors whose tax periods are periods of twelve months ending on the last day of the year of assessment will also be impacted.
Vendors who have tax periods that span the 14% and 15% VAT rate (Category B, D and E vendors) as well as future tax periods where the rate of 14% is applicable to certain supplies will be required to disclose their transactions as follows:

Output Tax

• for all standard rated supplies where VAT at 15% has been levied, please use the standard rated fields on the VAT201 that you would normally use to declare the output tax.
• for all standard rated supplies where VAT at 14% has been levied, please use Field 12 – “Other and Imported Services” on the VAT201, to declare the output tax.
Input tax

• for all capital and other goods and/or services supplied to you and charged with VAT at a rate of 15%, please use fields 14 and 15 on the VAT201;
• for all capital and other goods and/or services supplied to you and charged with VAT at a rate of 14%, please use Field 18 – “Other” on the VAT201, to deduct the VAT; and
• for all imports, irrespective of whether the VAT was charged at 14% or 15%, please use Field 14A and 15A on the VAT201 to deduct the VAT.

Verskeie skole het al pryse gewen as top skole in hulle provinsie maar die beste was Hoërskool Menlopark, beste afrikaanse rekeningkunde hoërskool in Suid Afrika in 2016 met 57 rekeningkunde onderskeidings. Top uitslag nog ooit was in 2014 toe hulle gemiddeld 80,3 % was met 97 leerleders.

Ons stel 'n bemarkings bestuurder aan vanaf die 16de Maart.

Tutors wat ons produkte gebruik en baie goeie resultate kry. http://www.lucem.co.za/tutors/

Accounting, accountancy, tutors, help, support, Rekeningkunde, lesse, ekstra hulp, Accounting, lessons, extra class, home school, tuisskool, rekonsiliasie, debiteure, creditors, cash flow

Rekeningkunde lesse op die internet of op USB. Gr 8 tot 12. Afrikaans en Engels http://www.schoolaccountingmadeeasy.co.za/

Van 'n Gr 11 seun in Delmas ontvang. Rekeningkunde lesse op die internet of op USB. Gr 8 tot 12. Afrikaans en Engels http://www.schoolaccountingmadeeasy.co.za/

Ons lesse op die internet. Rekeningkunde lesse op die internet of op USB. Gr 8 tot 12. Afrikaans en Engels http://www.schoolaccountingmadeeasy.co.za/

Van 'n Gr 11 seun in Delmas ontvang. Rekeningkunde lesse op die internet of op USB. Gr 8 tot 12. Afrikaans en Engels http://www.schoolaccountingmadeeasy.co.za/

It's now easier to email Lucem Publishers

Gerda Pieters -
Goeiedag Carl,
Ek wil net baie dankie sê. Hierdie is die beste hulpmiddel wat ek vir my seun kon kry. Hy is so gemotiveerd en doen werklik goed met die oefeninge.
Baie baie dankie!!

Our new Gr 8 & 9 Advanced Accounting Books with Economic Management Sciences.

Ons nuwe Gr 8 en 9 Rekeningkunde boek wat nou ook Ekonomies Bestuurs Wetenskappe insluit.

Rekeningkunde Gr 10 Elemente van 'n kontantbegroting.

Gr 10 Rekeningkunde Elemente Van Kontantbegroting

Gr 8 en Gr 9 rekeningkunde boek bevat nou ook EMS.

Voorbereiding vir rekeningkunde eksamen - eksamenhersieningsoefeninge. Voorbeelde by... http://www.lucem.co.za/examination-revision-eksamen-hersiening/

https://www.facebook.com/Lucem-Publishers-164558170274841/ Rekeningkunde eksamen vrae, antwoorde, memo, accounting examination questions, answers, memos, vraestelle, examination papers

Rekeningkunde boeke, - lesse en eksamenhersieningsoefeninge. Voorbeelde van lesse https://www.youtube.com/playlist?list=PLrYT5_hxi9C9SN4vaO0AErVKfzafnVnnO

Accounting - YouTube

Skole wat ons boeke gebruik presteer in Rekeningkunde. Menlopark met 112 Gr 12 leerders kry 57 onderskeidings. Gemiddeld 78%.

Prepare for the exams and achieve in accounting and mathematics. Use our USB sticks and accounting examination revision exercises.
http://my-e-tutor.co.za/

My E-Tutor – Taking school to the next level

We denoted books and lessons to Klwana High School in Babanango - Kwazulu-Natal. They are working through the holidays to lift their marks.

Thank you letter from Masibumbane High School in Ulundi. Last year their Gr 12s had 4 distinctions with top learner scoring 97%.

We denoted books and lessons to Klwana High School in Babanango - Kwazulu-Natal. They are working through the holidays to lift their marks.

Three schools won prizes by being the top schools in their respective provinces in accounting. Then last year it was Menlopark being to top Accounting Afrikaans school in South Africa with our books and lessons and examination revision exercises. http://www.lucem.co.za/school-results/

Beste Afrikaanse hoërskool in Suid Afrika volgens Afriforum in wiskunde, rekeningkunde en fisiese wetenskap. http://maroelamedia.co.za/nuus/sa-nuus/afrikaanse-skole-bly-baken-van-hoop/

Hoërskool Menlopark gebruik al ons produkte al 10 jaar. 112 Gr 12 leerlinge, 57 onderskeidings gemiddeld 78%.

Afrikaanse Hoër Seunskool ook onder die beste sewe hoërskole: 82 Gr 12 leerders, 43 onderskeidings gemiddeld 76%

Leerling van Menlopark neem Rekeningkunde as 7de vak en gebruik net ons USB (geen onderwyser). Sy eindig met 87 %.

Masibumbane High School – Ulundi. 4 distictions best = 98 %
Mmabatho High School = 5 distictions, best = 89%
Greendale in Witbank – best = 88%.
Anika Kotze van Porterville se rekeningkunde punt van 50s na 82%. Junie 95 %, rekord 96 % en 93 % in die eindeksamen.

Indien jy ook wil presteer gebruik ons video lesse by
If you want to achieve enroll for our lessons at
www.schoolaccountingmadeeasy.co.za
Indien jou internet baie stadig is koop ons lesse op ‘n USB
Slow internet, buy our lessons on a USB
http://my-e-tutor.co.za/
Met die 2010 Rekeningkunde Olimpiade het leerders wat ons boeke gebruik 1ste en 2de in Suid Afrika gekom. Werner Pansegrouw van Menlopark eerste plek en Neill Smit van Volksrust 2de plek. Neill Smit word ook aangewys as die top Rekeningkunde leerder in Mpumalanga.

Mrs Hlekani Dorah Sondlana a tutor @ Matsheliso High School and has been using our books the last 6 years. She is in Soweto and had 73 learners during 2011, of those, 47 learners had distinctions.

Hoërskool Eldoraigne aangewys as die top rekeningkunde skool in Gauteng. Hulle gebruik ons boeke al 10 jaar.

During January 2013 Outeniqua High School in George won the prize for the best accounting school in the Western Cape with an average of 76% for their grade 12 students.

Mathews Phosa College in Schoemanskloof used our books for the first time in 2012 resulting in an average increase from 54% to 72%.

Voortrekkerhoogte gebruik ons Gr 9 boeke al 10 jaar, hulle graad 10 leerders het meer as verdriedubbel.

Hoërskool Menlopark gebruik ons boeke al 10 jaar. Hulle graad 10 leerders het verdubbel. Hulle gemiddeld vir graad 12 in 2012 was 80,3 % met 95 leerders. Elke jaar het hulle meer as 50 % onderskeidings.

Hoërskool Zwartkop gebruik ons boeke ook al 10 jaar. Laasjaar was hulle gemiddeld 79% (vir die 2de keer) vir die graad 12 leerders.

Hoërskool Dirkie Uys kry gemiddeld 80 % met die gebruik van ons boeke as ekstra hulpmiddel.

Afrikaanse skole bly baken van hoop | Maroela Media Hugo Vermeulen, die hoof van Helpende Hand se Skoleondersteuningsentrum. Foto: Verskaf. Indien die probleme rondom wiskunde-onderrig voortduur, sal net twee gr. 1-leerders uit elke klas van 35 kinders, wat môre hul skoolloopbaan afskop, daarin slaag om meer as 40% in dié vak in matriek te behaal. So...

http://www.lucem.co.za/school-results/