VAT Solutions for Pension and Provident Funds
Through its collaboration with VATiQ, FinAscend provides business-development support for a specialist VAT solution designed for pension and provident funds.
Specialist fund VAT support
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.
The approach connects retrospective refund potential with a clearer basis for recurring annual local VAT recoveries.
The VAT solution
The FinAscend and VATiQ solution spans VAT treatment within the fund, retrospective recovery, a SARS ruling process and recurring prospective recovery.
Support a more structured treatment of VAT within the pension or provident fund.
Address the opportunity to secure a retrospective VAT refund based on the fund’s circumstances.
Facilitate the process of obtaining a Binding Private Ruling (BPR) with SARS as part of the solution.
Support a prospective basis for recurring annual local VAT recoveries at an improved recovery percentage.
FinAscend and VATiQ
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.
Understand the fund’s VAT position
Address retrospective refund potential
Facilitate a Private Binding Ruling
Support recurring annual local recovery
A more structured VAT position
Each component supports the broader objective of streamlining VAT within the fund and improving the basis on which local VAT may be recovered.
A clearer approach to the treatment of VAT within the pension or provident fund.
A structured process focused on the fund’s historic VAT recovery position.
Facilitation of a Private Binding Ruling with SARS as part of the solution.
A foundation intended to support recurring annual local VAT recoveries at an improved recovery percentage.
Pension fund VAT questions
FinAscend works in collaboration with VATiQ to provide specialist support around the VAT solution for pension and provident funds.
The solution is designed for pension and provident funds.
FinAscend’s original page states that the solution is provided through a partnership collaboration with VATiQ.
Yes. The solution includes reviewing retrospective VAT recovery potential based on the fund’s historic VAT position.
The solution includes facilitating a Private Binding Ruling with SARS, supporting the prospective treatment and recurring recovery approach.
Start a conversation
Connect with FinAscend to discuss the specialist VAT solution delivered in collaboration with VATiQ.