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Tag Archives: VAT

What is VAT?

August 30, 2017

Most of us know that VAT stands for Value Added Tax and is currently levied at the standard rate of 14% in South Africa, but what exactly is this system and why is it in place? These are some of the questions we will review in this article to provide a better understanding of the […]

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How to calculate VAT

July 31, 2015

In the past few years we have written a number of articles providing information on Value Added Tax (VAT) but a popular question has remained unanswered: How do I calculate VAT? In this article we will answer this question on two levels, the first is a basic explanation of how exactly to add VAT to […]

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