Established 2015 — Chartered Accountants & Auditors

VAT Act 89 of 1991 · Sections 7, 23 and 24

Should You Register for VAT?

Question 1 of 5

In the past 12 months, has your taxable supplies turnover EXCEEDED R2.3 million? (Or do you reasonably expect it to in the next 12 months under a written contract?)

VAT registration is COMPULSORY when the R2.3m threshold is or will be breached. This threshold was increased from R1 million in the 2026 Budget, effective 1 April 2026.