Tenders and VAT
By Werner van Rooyen
31 January 2019
One question that gets raised during each HowtoTender Workshop is must my business (or I) be registered for Value Added Tax (VAT) in order for me to respond to a tender? Or, must I register my business for VAT?
The answer according to the VAT Act, 1991 (Act No. 89 of 1991) is simple:
- If your turnover is more than R1 million per annum then you have to register your business (or yourself in the case of a sole proprietor) for VAT.
- There are commodities that are exempt from VAT and if you... Read More