Vat Calculator South Africa
Online 15% VAT calculator
Calculate your current Vat today in the year 2023 at 15% Rate
increased from 14% to 15% from 1 April 2018. There is a limited range of goods and services which are subject to VAT at the zero rate or are exempt from VAT.
The VAT rate in South Africa 2023 is 15% at which VAT is levied and the standard rate of 15% on the supply of goods and services by registered vendors. A vendor making taxable supplies of more than R1 million per annum must register for
The VAT tariff is added to the product price exclusive of VAT. The price exclusive of VAT can be converted into the price inclusive of VAT by applying the following formula. Calculation rule: (Amount exclusive of VAT) * (100 + VAT percentage as a number) / 100 = Amount inclusive of VAT.