Resellers that are not registered for VAT, might have clients that need a VAT invoice. Especially business clients

We can help in this regard with the following solution:

We can invoice your client directly. This way your client will receive a proper Tax Invoice

The following admin fees will apply:

25% of your profit (of which 14% is paid to SARS)

If you make very little or no profit on the deal then a minimum charge of R100 will apply

How it works:

• We will generate a VAT invoice for your client
• To balance our books the full amount of the invoice needs to be paid into our account (by you or by your client)
• We will then credit your normal account with the profit you made and invoice you for the admin fees

Example:

Item cost price: R1754.39 excl VAT + R245.61 VAT = R2000.00 cost

Item selling price: R2192.98 excl VAT + R307.02 VAT = R2500.00 selling

Your profit = R500.00

Admin fee = R125.00  (25% of R500)

We will then pay R375 back to you