Description
VAT registration is mandatory for any business that earns an excess of R1 million in income, or is likely to earn an excess of R1 million in income, within a 12-month period. Any new business that has traded more than R50 000 since company registration may voluntarily register for VAT. The business will be required to charge VAT on its products or services, pay received VAT to SARS, and claim back VAT on expenses.
Delivery: 1-14 working days*
*Based on standard customs processing times, subject to change
