Tax Technician (SA) Practice Questions - SAIT EISA Tax Technician Board Examination Exam

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Under South African Value-Added Tax (VAT) Act Section 23, what is the compulsory registration threshold for a business supplying taxable goods or services?

Taxable turnover exceeding R1 million in any 12-month period Taxable turnover exceeding R50 000 per month Taxable turnover exceeding R20 million Compulsory registration applies to all businesses regardless of turnover

Correct Answer:

Taxable turnover exceeding R1 million in any 12-month period

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