@heikoinvests: SARS wants you registered for VAT. But nobody warns you about this. 👆 Watch before you register. Disclaimer: Educational content only. Not financial advice. Consult a tax practitioner.

Heikoinvests
Heikoinvests
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Region: ZA
Tuesday 16 June 2026 15:59:29 GMT
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liefsi8
liefsi :
Its so difficult cause companies wants a vat nr to deal with you. So its a win lose situation
2026-06-17 06:08:42
12
rich_photography
Rich :
Trade as a sole proprietor until you HAVE to register.
2026-06-17 10:09:44
5
_peterp_
Banned Account :
How can we “create” vat expenses ?
2026-07-28 07:22:58
1
jonjones2830
jonjones2830 :
what is the purpose of VAT?
2026-06-17 18:03:24
1
gns0125
Willie :
How do I deregister VAT
2026-06-17 14:04:10
2
muzikafeli
muzikafeli :
ive registered for vat & it has not gone down very well for my business, is it possible to diregister ?
2026-06-17 07:30:06
8
user9184777149880
user9184777149880 :
whatever the government advices to do,dont do it
2026-06-27 07:11:54
3
glengreen64
glengreen64 :
I'm on that exact boat.
2026-06-17 01:02:33
3
magda.lena143
Magz :
As an importer you are forced to register for VAT. the numbers are killing the business with all the Vat and Tax payable
2026-06-17 03:53:00
2
isoehuye
Mr HD :
Thanks I am facing this situation at this moment 😏
2026-06-16 20:40:16
0
zellieck
ZellieCK :
Yes right after i registered for VAT it went up to R2.3mil ... VAT DESTROYED MY COMPANY!!! Stay away from it for as long as you can.
2026-08-06 13:11:03
0
jon.pombe
jon pombe :
How much annual returns
2026-06-17 01:14:51
1
denverjswartzgmail.com
DJ’S :
Hi can you deregister
2026-06-17 05:17:44
0
kaylaleroala
Katlego Kayla :
But the 15% you collected was never yours and revenue excludes VAT. I speak at an accountant who does financial statements for companies. So the 15% you collect it on behalf of sars and then they allow you some deductions and you transfer over the rest. The 15% treat it as a liability. Thats the way to recognize VAT you collect on behalf of SARS.
2026-06-20 11:50:11
0
shaz043mei
shaz043mei :
what do you charge to help small businesses person who has no idea on these things
2026-06-16 17:26:26
3
phlubi
phlubi :
What happens when it's compulsory not voluntary
2026-06-18 21:03:37
1
chadwalters01
Chad Walters :
Good afternoon. I want to apply for tenders, apparently I need to be vat registered. How do I work around this?
2026-06-18 11:09:52
0
idrawadventure
idrawadventure❤️ :
Fuel can be claimed under certain circumstances no?
2026-06-16 17:35:49
0
snappy_drain_masters
Snappy drain masters :
SARS has become a criminal organisation
2026-08-29 19:39:09
0
darylswanepoel
darylswanepoel :
Here's a solution. Keep your sales under R2,3m and stay poor. I for one think its better sell more and make more money.
2026-09-03 12:30:49
0
donn.dubhin
Donn Dubháin :
These billionaire goons in charge of this country don't have a clue how ordinary South Africans are suffering.
2026-08-11 10:07:53
0
packenger
Packenger :
You are also claiming the VAT against your supplier invoices so Business model is ley. If you are trading you are losing 15% of your profit margin until you register. If your cusomer is cross border then that becomes more critical
2026-08-08 14:54:12
0
roccogreeff
Rocco :
When can I register for business tax
2026-07-11 05:56:09
0
sammudia
Sam Mudia :
But if you really want to grow and deal with big companies, you need to hsve a Vat number. or you ll stay small
2026-08-23 12:50:34
0
iantheron
Ian theron :
🤣🤣🤣 but I get 15% more on all my loads
2026-06-17 06:30:58
0
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