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BID DOCUMENT BID DESCRIPTION: REQUEST FOR PROPOSALS (RFP) REVIEW OF VALUE ADDED TAX (VAT) FOR THE FREE STATE DEVELOPMENT CORPORATION. BID NUMBER: FDC RFP: 006/2017NON COMPULSORY BRIEFING SESSION DATE:
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The review of value added is a process of analyzing the value generated by a company through its activities.
Companies that are subject to value added tax (VAT) are required to file a review of value added.
To fill out a review of value added, companies need to gather data on their revenue, expenses, and VAT paid and received.
The purpose of the review of value added is to ensure that companies are compliant with VAT regulations and to calculate the amount of VAT owed.
Companies must report their revenue, expenses, VAT paid, and VAT received on the review of value added.
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