The New VAT Threshold of R2.3 Million: Stay Registered, Deregister or Choose Turnover Tax

The New VAT Threshold of R2.3 Million: Stay Registered, Deregister or Choose Turnover Tax  With effect from 1 April 2026, a business is required to register for VAT only when its taxable supplies exceed R2.3 million in a 12-month period. The previous threshold was R1 million. A business with a turnover between those two amounts […]