Category A: Bi-Monthly - Un-even Months

2 month period ending on uneven months (January, March, etc). Applicable to vendors with taxable supplies not exceeding R 30 million in a 12 month period, or farmers with taxable supplies that exceed R 1.5 million in a 12 month period

Category B: Bi-Monthly - Even Months

2 month periods ending on even months (February, April, etc). Applicable to vendors with taxable supplies not exceeding R 30 million in a 12 month period, or farmers with taxable supplies that exceed R 1.5 million in a 12 month period

Category C: Monthly

1 month period ending on the last day of each month. The following vendors fall in this category:

  • Those whose taxable supplies are likely to exceed the value of R 30 million in a 12 month period
  • Those who have applied in writing to be placed in this category
  • Those who have repeatedly been in default ito the VAT Act
  • Must submit VAT returns in electronic format and must make VAT payments electronically.
Category D: Six-Monthly

6 month periods ending on the last day of February and August. Vendors who only carry on farming activities with taxable supplies of less than R 1.5 million over a 12 month period

Category E: Annually

Periods of 12 months ending on the last day of their year of assessment. Vendors that fall in this category:

  • Companies and trust funds whose activities consist solely of:
    • The letting of fixed property or movable goods
    • The administration or management of companies that are connected persons in relation to the vendor.
  • Those connected persons are all registered vendors and are entitled to deduct the full amount of input tax
  • Tax invoices are issued and payments are only made once a year, at the end of the year of assessment.