What is Input VAT? March 4, 2012 No Comments Input VAT If your business is registered for VAT, you can claim back VAT charged to you on products and services Input VAT = Expense Read More »
What is Break Even? March 4, 2012 No Comments Break Even Break Even is point where sales – expenses = 0 It is calculated in units & R. It can take months or years Read More »
What is Output VAT? March 4, 2012 No Comments Output VAT If your business is registered for VAT, you will charge VAT on the sale of products and services Output VAT = Sales * Read More »