R
Total VAT you paid on purchases and imports
R
Total VAT you charged on your sales

VAT Refund Formula

VAT Refund / Payable = Input Tax − Output Tax

For example, if your input tax is R15,000 and output tax is R10,000: R15,000 − R10,000 = R5,000 refund due from SARS.

Conversely, if your input tax is R8,000 and output tax is R12,000: R8,000 − R12,000 = R4,000 payable to SARS.

Official Resource

For more information about VAT refunds for vendors in South Africa, visit the official SARS website:

SARS - VAT Refunds for Vendors →

Disclaimer

This calculator is provided for informational and educational purposes only. While we strive for accuracy, we make no guarantees regarding the results. The calculations should not be used as a substitute for professional financial, legal, tax, or other advice. Always consult with a qualified professional for important decisions.

Learn more