VAT

SU is registered for VAT therefor the VAT Act (Act 89 of 1991) is applicable. The VAT implications should already be considered during the proposal phase to take it into account in the budget as well as the contract amount.

The Financial Policy (ref Sec 3.1) provides the financial guidelines as specified by the Act that is applicable when SU wants to institute a claim for VAT, the method according to which a cost center's VAT claim percentage is determined and the issuing of invoices.

For further information/questions regarding  VAT, contact Riaan Basson at 021 808 4500 / This e-mail address is being protected from spambots. You need JavaScript enabled to view it .