PayPal VAT in South Africa
HiJinx1
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Posted on
Dec-22-2023
12:26 PM
Will the VAT charge be on the total amount received or will it be charged only on the PayPal fee?
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1 REPLY 1
PayPal_Bindu
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Dec-26-2023
08:14 PM
Hello @HiJinx1
Welcome and thanks for posting your question in the PayPal Help Community!
I see you're looking to know the details about the VAT charges for South African PayPal accounts. In accordance with applicable tax laws in South Africa, PayPal is required to charge and collect VAT on its fees at the applicable VAT rate. VAT will be collected on all PayPal fees (except currency conversion fees). You can also view and download VAT invoices monthly once PayPal starts collecting VAT.
I hope this information helps,
Bindu
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