Companies
VAT
Value Added Tax is charged at a rate of 14% on the value of goods or
services sold.
Once you have registered for Vat you will be required to submit returns
to SARS at one, two, four , six or twelve
monthly intervals.
Failure to comply and not submit returns as stipulated by SARS, can
bring about large penalties and
legal implementations.
Company Provisional Tax
You will need to submit and IRP6 return if you are in receipt of a
business wich results in Tax obligation. If your
business income after deductions, expenses and interest income is bellow
the threshold, you do not need to submit
and IRP6 return.
Blucherry charges R1000 per a return.