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Registering for VAT threshold?



Do you have to register for VAT if your gross income is over R1 000 000 or only if the taxable income is over R 1000 000.

TaxTim Marc TaxTim Marc said:
11 July 2013 at 14:57

Turnover needs to be more than R1 000 000 in order to register for VAT.

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