--- title: VAT Solutions for Pension & Provident Funds | FinAscend description: Specialist VAT solutions for pension and provident funds, supporting VAT treatment, retrospective recovery and Binding Private Rulings with SARS. --- [Skip to content](https://www.finascend.co.za/services/vat-pension-provident-funds#main-content) [![FinAscend_logo_white](https://www.finascend.co.za/hs-fs/hubfs/FinAscend_logo_white.png?width=808&height=310&name=FinAscend_logo_white.png)](https://www.finascend.co.za/?hsLang=en) Open navigation Services Explore ## Financial expertise for growth, complexity and change. Explore FinAscend’s five specialist service areas and find the support best aligned with your organisation. 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Through its collaboration with VATiQ, FinAscend provides business-development support for a specialist VAT solution designed for pension and provident funds. [Discuss the VAT solution](https://www.finascend.co.za/contact?hsLang=en) **20+ years**Financial industry experience **Level 1**B-BBEE • 100% Black female-owned **SYSDBA**Non-Executive Director **CIBA**CIBA202307-8539 Specialist fund VAT support ## A specialist solution for the way VAT is treated within pension and provident funds. FinAscend works in partnership with VATiQ to support the provision of a VAT solution to pension and provident funds. The solution seeks to streamline VAT treatment within the fund, address retrospective recovery potential and facilitate the process of obtaining a Private Binding Ruling with SARS. Historic and prospective > The approach connects retrospective refund potential with a clearer basis for recurring annual local VAT recoveries. ### A structured route through a complex VAT environment. The solution focuses on improving the treatment of VAT within the fund while supporting both retrospective and prospective recovery. Pension fundsProvident fundsVAT treatmentRetrospective refundPrivate Binding RulingAnnual local VAT recovery The VAT solution ## Four connected components within one specialist recovery pathway. The FinAscend and VATiQ solution spans VAT treatment within the fund, retrospective recovery, a SARS ruling process and recurring prospective recovery. 01 Streamline **VAT treatment within the fund** *↗* 02 Review **Retrospective recovery potential** *↗* 03 Formalise **Binding Private Ruling (BPR) with SARS** *↗* 04 Recover **Recurring local VAT recovery** *↗* Streamline ### VAT treatment within the fund Support a more structured treatment of VAT within the pension or provident fund. Fund VAT activity → clearer treatment Review ### Retrospective recovery potential Address the opportunity to secure a retrospective VAT refund based on the fund’s circumstances. Historic VAT position → recovery review Formalise ### Binding Private Ruling (BPR) with SARS Facilitate the process of obtaining a Binding Private Ruling (BPR) with SARS as part of the solution. Treatment approach → formal SARS ruling process Recover ### Recurring local VAT recovery Support a prospective basis for recurring annual local VAT recoveries at an improved recovery percentage. Prospective treatment → recurring recovery potential FinAscend and VATiQ ## Specialist collaboration brings each part of the VAT pathway into one view. FinAscend’s business-development role and VATiQ’s VAT advisory expertise come together around a solution developed for pension and provident funds. > Review the history. Formalise the treatment. Improve the prospective position. 01 ### Assess Understand the fund’s VAT position 02 ### Recover Address retrospective refund potential 03 ### Rule Facilitate a Private Binding Ruling 04 ### Continue Support recurring annual local recovery Specialist collaboration**Fund VAT solution** A more structured VAT position ## The solution is designed to connect historic recovery with prospective treatment. Each component supports the broader objective of streamlining VAT within the fund and improving the basis on which local VAT may be recovered. ### Streamlined treatment A clearer approach to the treatment of VAT within the pension or provident fund. ### Retrospective refund potential A structured process focused on the fund’s historic VAT recovery position. ### SARS ruling process Facilitation of a Private Binding Ruling with SARS as part of the solution. ### Prospective recovery basis A foundation intended to support recurring annual local VAT recoveries at an improved recovery percentage. Pension fund VAT questions ## A clearer introduction to the specialist solution. FinAscend works in collaboration with VATiQ to provide specialist support around the VAT solution for pension and provident funds. **Who is the VAT solution designed for?** The solution is designed for pension and provident funds. **Who does FinAscend collaborate with on the solution?** FinAscend’s original page states that the solution is provided through a partnership collaboration with VATiQ. **Does the solution address historic VAT recovery?** Yes. The solution includes reviewing retrospective VAT recovery potential based on the fund’s historic VAT position. **What role does SARS play in the solution?** The solution includes facilitating a Private Binding Ruling with SARS, supporting the prospective treatment and recurring recovery approach. Start a conversation ## Bring the fund’s VAT treatment, recovery and prospective position into one conversation. Connect with FinAscend to discuss the specialist VAT solution delivered in collaboration with VATiQ. 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All rights reserved.[Privacy Policy](https://www.finascend.co.za/privacy-policy/?hsLang=en) ```json { "@context" : "https://schema.org", "@type" : "FAQPage", "mainEntity" : [ { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "The solution is designed for pension and provident funds." }, "name" : "Who is the VAT solution designed for?" }, { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "FinAscend’s original page states that the solution is provided through a partnership collaboration with VATiQ." }, "name" : "Who does FinAscend collaborate with on the solution?" }, { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "Yes. 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