t takes unbelievable courage, sweat and tears to start and build a business in South Africa. Entrepreneurs sacrifice, emotionally and financially, often in punishing environments,
Input VAT If your business is registered for VAT, you can claim back VAT charged to you on products and services Input VAT = Expense
Break Even Break Even is point where sales – expenses = 0 It is calculated in units & R. It can take months or years
Output VAT If your business is registered for VAT, you will charge VAT on the sale of products and services Output VAT = Sales *