As many of you may already be aware the South African government has decided to increase VAT to 15% effective the 1st of April 2018. Since VAT is a law requirement it is important that you don’t delay any payments for new orders.

Please be advised of the following with regards to any pending transactions:

  • Orders placed in the last week of March 2018 must be paid on or before Thursday 29 March at 16h00. Any Quotes made before the cutoff but paid in April will have to be re-invoiced with the new VAT rate of 15%.
  • 14% Vat will still apply to Invoices/Transactions processed on 29 March 2018.
  • Please ensure that all Proof of Payments reach us by latest 16h00 as this will be our Cut Off – 29 March 2018.
  • 15% Vat will be applicable to all transactions following this Cut off time as per the new VAT rates.