Updated by Christo Pienaar, PKF Octagon
Key data (South Africa)
Information up to date as at 1 September 2024.
| A. VAT registration and deregistration thresholds |
| Compulsory VAT registration for resident businesses | Turnover (ie the value of taxable supplies) exceeding, or likely to exceed, R1 million in any consecutive 12-month period, or expected to exceed R1 million in a 12-month period under the terms of a written agreement |
| Voluntary VAT registration for resident businesses | Turnover (ie the value of taxable supplies) below R1 million but, under certain circumstances, exceeding R50,000 in the last 12 months
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Where |
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Web page updated on 17 Mar 2025 13:20