Can i claim VAT back on a 14-seater kombi used by a non-profit organisation for outreach purposes not for transporting passengers for gain
Chat with our AI personalities
Currently, the VAT rate in South Africa, is set at 14%.
No not really but I do come from Africa and Nigeria
VAT - Value added tax Personal Income Tax Company Tax Capital Gains Tax
Brand New Glock 19 (generation 3) approx R8200 (VAT Included) from Dave Sheer Guns in Johannesburg.
Take amount ex. R100 + 14%= R114 Take the amount including vat is this case R114 R114 x 100 -------------- 114 = R100 so Vat is R14 R256.00 x 100 ------------------ 114 = R224.56 so Vat is R31.44 or R256.00 x 14 ----------------- 114 = R31.44