Description
All vendors who make taxable supplies worth more than R1 million per year must register for VAT with SARS.
Vendors who make taxable supplies worth more than R500 000 but not more than R1 million per year can apply for voluntary registration.
Qualifying micro-businesses that are registered for Turnover Tax may also choose to register for VAT if all conditions for voluntary registration are met.
Registration for VAT R6 900.