Welcome to Portal
Field | Description |
Tax-Inclusive Prices | Enable this option if you want the product amount to be inclusive of tax. This means no additional tax will be applied during checkout. |
Tax your shipping rates | Enabling this will apply tax to the shipping rate during checkout. |
VAT Registration | Mark this option of your business is registered for VAT. You will then have to enter the registered VAT number and VAT registration date. |
International Trade | Mark this option if you sell products outside South Africa. |
VAT Rate | Description |
Standard Rate [15%] | This rate will be applied to the majority of the products that are included in orders created after April 2018. |
Zero Rate [0%] | A tax rate of 0% is applied on goods that are agricultural supplies or residential lettings. Services that include road and rail transport, financial services, money lending, retirement and medical benefits, and international support are zero-rated. |
Change in use (Non-taxable supplies) [15%] | Purchasing a good for business, intending for making taxable supplies and later using it for personal use. |
Change in use (Taxable supplies) [15%] | Purchasing a good for personal use and later using it for taxable supplies. |
Export of second-hand goods [15%] | Purchasing a second-hand good and exporting it later. |
Supply of accommodation exceeding 28 days [15%] | When accommodation is provided for more than 28 days, the VAT will be calculated only for 60% of the total cost. |
Supply of accommodation not exceeding 28 days [15%] | When accommodation is provided for 28 days or less than 28 days, the VAT will be calculated for the total cost. |
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