Standard VAT Rate: 14%
Resident -ZAR 1,000,000
Non resident - ZAR 1,000,000
Registration threshold: Compulsory: ZAR1-million exceeded in past 12 months, or reasonable expectation for next 12 months. (Prior to 1 March 2009 the registration threshold was ZAR300,000.)
Voluntary: Minimum turnover of ZAR50,000 (certain exceptions apply).