Hi everyone,
We had a pretty heated discussion at our local business meetup yesterday about the current 15% tax rate and its impact on new entrepreneurs.
Some people argued that a 15 vat calculator (https://onlinevatcalculator.co.za/) shows just how much capital is taken away from growth and hiring during those critical first two years of operation.
Others believe it's a fair price to pay for the infrastructure and services the city provides to our businesses. It's a complex issue with no easy answers, but the numbers certainly tell an interesting story. Have you ever run your revenue through a 15 vat calculator?
Thanks in advance.