MyVAT is a VAT specialist focused on helping businesses recover VAT via recalculation of past tax submissions.
They review up to five years of VAT submissions to identify missed claims and enable refunds.
If they find nothing to reclaim, there is no fee—landing their service at zero risk to businesses.
Their services extend to accounting processing, VAT training, and SARS compromise negotiations.
They position themselves as a partner to accounting teams, not a replacement.
Accounting departments are often under pressure, and human error is inevitable as tax laws evolve.
MyVAT steps in to recalibrate, using proprietary software and audit methods to spot VAT claims that accountants may have missed.
Their focus lies in reclaiming valid VAT while ensuring full compliance with tax regulations.
| Role | Accountant | VAT Refund Specialist (MyVAT) |
| Regular bookkeeping, financial statements, tax compliance | ✔ | ❌ |
| VAT return submissions in real time | ✔ | ❌ (except audit of past returns) |
| Detailed review of past VAT transactions | ✔ (limited) | ✔ (deep dive) |
| Engagement with SARS for large claims | ✔ | ✔ (expert negotiation) |
| Training on VAT updates | ✔ | ✔ (specialist focus) |
Accountants manage day-to-day tax obligations while MyVAT performs detailed retrospective reviews to uncover refund opportunities.
MyVAT’s team and tools are specialized for VAT recovery, enabling granular analysis that might exceed the practical capacity of regular accounting workflows.
Accountants bring holistic financial knowledge—VAT is part of broader tax, cash flow, and strategy considerations.
When MyVAT and accountants communicate, they avoid overlap or conflict, and each strengthens the client’s overall tax position.
Reclaimed VAT often represents significant amounts that were previously locked. The inflow from refund services boosts liquidity.
MyVAT’s exhaustive line-by-line audits reinforce accuracy and reduce the chance of audit exposure or SARS rejections.
Refund services routinely prepare supporting schedules and documentation, easing audit processes and strengthening claims.
Accountants gain breathing room from time-consuming past-VAT reviews and can refocus on advisory and forward-looking work.
Because MyVAT operates on a “no recovery, no fee” model, clients and accountants face minimal downside while pursuing gains.
Sharing accounting records with third parties demands strict confidentiality, data protocols, and access controls.
If roles are unclear, MyVAT and the accountant might duplicate work or contradict one another. Clear scopes prevent friction.
An accountant may hesitate to approve certain refund claims that MyVAT identifies. Structured escalation and joint review mitigate this.
Agreements on how MyVAT’s fees are handled—whether borne by client, shared with accountants, or billed separately—must be transparent.
Large refunds trigger extra review. Accountants and MyVAT must align on defense strategy and shared representation.
Regular check-ins and shared dashboards help both accounting and VAT recovery teams stay aligned.
MyVAT should document every identified claim line, link to supporting invoices, and supply summary reports that accountants can review.
When SARS questions or audits arise, both parties should present coordinated arguments and documentation to strengthen defense.
MyVAT should train accountant teams on new VAT opportunities, while accountants can inform MyVAT of changes in business models or operations.
MyVAT works with common accounting systems (Pastel, Sage, or others) to import transactions and invoices.
They build proprietary tools that analyze at line-item levels, tied to the accounting data.
Once MyVAT flags potential refunds, accountants review flagged lines, reconcile with ledgers, and validate the proposals.
Once reconciled, approved claims are compiled and submitted to SARS, with joint oversight.
After refunds are processed, both the accountant and MyVAT monitor for interest, appeals, or follow-up queries from SARS.
MyVAT offers VAT savings training to accounting teams, elevating their capability to capture more future claims internally.
By combining MyVAT’s specialized VAT recovery service with the broad financial oversight of accountants, businesses unlock hidden refunds, streamline compliance, and strengthen financial integrity. The relationship works best when roles are clearly defined, communication is open, and both parties prioritize accuracy, trust, and client benefit.