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Thread: Charge for VAT registration

  1. #1
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    Charge for VAT registration

    Hi All,

    I trust you are well.

    My client just asked why VAT registration is so expensive. And all honestly I have no idea. We just use the industry norm price for VAT registration but I would actually like to know why its so expensive?

    Thank you all

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    What is the charge Craig?

    VAT registration is probably the biggest pain in the butt of all registrations! The documentation required is not only onerous, it frequently changes and is often different between offices.

    I even had one that was rejected earlier this month because the client did not have "3 months of bank statements", even though the account had only been open for 3 weeks! After laughing myself into a stupor I sent the client back and, because he simply saw another person, he had no problem whatsoever!

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    We Charge R2500 excl VAT for VAT registration and yes I agree the documentation is crazy..

    Its interesting because a lot of firms charge R3500 for VAT registration and it only dawned when the client asked why its so expensive just to register. I've actually noticed that branches even call centres give different advice on matters.

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    Hi Craig

    That makes sense, because we charge R3,000 Excl. provided the client does the footwork at SARS, so I guess you might even be cheap!

    If I take our normal charge out X hours spent on an application, we are in the ball park.

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    How can I get onto the RAV01 form

    Searching for it is like finding a needle in a hay stack

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    Go on eFiling.

    Go to SARS ; Organisation and then maintain registered details Follow prompts. You will see the RAV01 form

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    Good Day all,

    We normally do vat registrations for our clients and our costs is R1800 and the vat number would be provided to you the same day.

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    Hi All,

    Please be aware Field 1 on the VAT 201 (output vat) is calculating vat at 14% instead of 15% for the march april period.

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    Quote Originally Posted by Craig Dlamini View Post
    Hi All,

    Please be aware Field 1 on the VAT 201 (output vat) is calculating vat at 14% instead of 15% for the march april period.
    Well thats no good, guess we pay them 1% less

  10. #10
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    Quote Originally Posted by MA Jacobs View Post
    Good Day all,

    We normally do vat registrations for our clients and our costs is R1800 and the vat number would be provided to you the same day.
    How do you get that right ? Normally the application gets uploaded at branch level and information is vetted at SARS HO. We have even had them sending inspectors to visit the business premises.

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