Tax periods for VAT vendors

The following five categories of tax periods are available:

Category A

Two-monthly tax period

  • Under this category, a vendor is required to submit one return for every 2 calendar months, ending on the last day of January, March, May, July, September and November.
  • The Commissioner will determine whether a vendor falls within this category.

Category B

Two-monthly tax period

  • Under this category, a vendor is required to submit one return for every 2 calendar months, ending on the last day of February, April, June, August, October and December.
  • The Commissioner will determine whether a vendor falls within this category.

Category C

Monthly tax period

  • Under this category, a vendor is required to submit 1 return for every calendar month.
  • A vendor will fall within this category if:
  • the total value of taxable supplies made by the vendor has exceeded or is likely to exceed R30 million in any consecutive period of 12 months,
    •  the vendor has applied in writing to be placed in this category, or
    • the Commissioner determined that the vendor falls within this category due to the vendor repeatedly failing to perform any obligations as required by the VAT Act.

Category D

Six-monthly tax period

  • Under this category, a vendor submits one return for every 6 calendar months, ending on the last day of February and August (or any other month where written application is made to the Commissioner and approved)
  • This category applies mainly to a vendor who
    • carries on farming activities, where the total value of taxable supplies is less than R1.5 million for a period of 12 months,
    • is a micro business that is registered in terms of the Sixth Schedule to the Income Tax Act.

Category E

Annual tax period

  • Under this category, a vendor is required to submit 1 return for every 12 months, ending on the last day of the vendor’s year of assessment (or any other month where written application is made to the Commissioner and approved)
  • This category applies to a vendor:
    • that is a company or a trust fund
    • that carries on activities of letting of fixed property or renting of movable goods or the administration or management of companies which are connected persons to the vendor
    • for additional qualifying criteria, refer to Chapter 3 of the VAT 404 Guide for Vendors.

May a vendor request to change its allocated tax period category?

Yes, if all the qualifying requirements are met.

For the qualifying criteria, refer to Chapter 3 the VAT404 Guide for Vendors.

Process to request for a tax period category change

Submit a written request via the SARS Online Query System or make a virtual appointment via the SARS eBooking system.

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