Any business that is likely to exceed a turnover of R 1 million in a period of 12 months, is obligated to register for VAT with SARS within 21-days from the date that the business exceeds the R 1 million mark.
But perhaps you’re not necessarily going to achieve that figure? You may still wish to register for VAT if your clients require or prefer this from you.
In both cases, we can help you with your VAT Registration, and any accounting or tax advice that you need to help you make the best decision for your business.
