Vat registration

we offer professional tax services suited to both individual and business requirements. Whether you require assistance with your Value Added Tax (VAT) registration, or you need help to meet tax deadlines, you can rely on our equipped and experienced team.

You are required to register your business for VAT if the value of any taxable goods or services offered exceed R1 million within a 12-month period. By law, such businesses need to complete a VAT 101 – Application for Registration form and it needs to be submitted to a local SARS branch within 21 days from date of exceeding R1 million.

All VAT returns and VAT liabilities should be paid in alignment with the tax period that is allocated to your business. Most often, such payments are to be submitted on or before the 25th day after the indicated tax period has ended. Late payments can lead to harsh penalties and interest, so it is in your company’s best interest to stay compliant.