Waterbessie Street, Roodekrans

VAT Registration in South Africa

Affordable VAT Registration Services in South Africa

VAT registration can be a daunting process for business owners. Especially if you are unfamiliar of the procedure, not knowing when you need to register, or submit and how it all works. Tax Leaders can assist you every step of the way!

VAT Registration in South Africa

VAT Registration And Other VAT Services

VAT (Value Added Tax) is unavoidable for any organization that earns more than R1 million over the course of 12 consecutive months.

At Tax Leaders, we understand that managing the financial aspect of any business is critical for success. That is why we offer a comprehensive suite of VAT and other financial services tailored to meet your specific needs.

Value Added Tax Services You Trust

We offer a full range of VAT, Tax and accounting services. Our team of professionals handle all the paper work and correspondence to SARS and more! Our VAT specialists are affiliated with SAIBA – Southern African Institute For Business Accountants. 

Tax Leaders Are Here To Help You Succeed! We offer a free consultation with one of our specialized team members to assess exactly what you require.

Other Financial Services We Offer

Monthly Accounting

Monthly accounting services for businesses: accuracy, compliance, and financial peace-of-mind.

Payroll services

Monthly payroll services for businesses: precision, compliance, and worry-free payroll.

company registrations

Company registration services: simplicity, compliance, and hassle-free incorporation.

tax specialists

Tax specialist services: expertise, compliance, and tax stress relief.

tax services

Tax services: expertise, compliance, and tax-related peace of mind.

VAT Registration Services

As per SARS website, “VAT is an indirect tax on the consumption of goods and services in the economy.” The money is paid to SARS and then handed to Treasury.

Then, the VAT is distributed to government departments; including provincial and local government. We’ve put together a list of questions for you to better understand VAT in South Africa.

  1. What Do I Need To Register For VAT?

You will need the following requirements: company registration documents, proof of business bank account, details of your turnover and nature of business, proof of business address and unique tax reference number.

  1. What happens if you don’t pay VAT?

SARS will issue summons against your business for the outstanding amounts like any other creditor. A 10% penalty on late payment of VAT. Business owners cannot be criminally charged for failing to pay over VAT to SARS.

  1. Are all goods and services charged with VAT in South Africa?

No. There are goods and services subject to 0% VAT or exempt from VAT. Contact us to find out more on this list.

  1. When IS VAT DUE in South Africa?

A business is needs to submit a return every 2 calendar months.

  1. How long does it take to get a VAT number?

On average, a business VAT number is sent 2 months from registration. Sometimes longer if not registered with CIPC. A business owner can use an outsourced accountant or tax specialists to help with VAT registration and submissions. Additionally, they communicate with SARS on your behalf, therefore you avoid the hassle of trying to deal with them directly. Taxleaders Taxleaders take the hassle out of VAT registrations, submission of personal detail changes and calculation of VAT.

clients that rely on us for VAT & Other financial solutions

Have a look at what our customers have to say about our financial services.

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