Cash flow is the lifeblood of any business. When expenses go out faster than income comes in, growth stalls. Many businesses don’t realise that unclaimed VAT refunds are quietly draining their available cash.
Every month, businesses incur input VAT on purchases—fuel, rent, professional services, imports, and more. Yet many of these legitimate refunds go unclaimed due to admin delays, incorrect invoices, or compliance uncertainty.
This is where MyVAT comes in, offering a streamlined and expert-driven way to boost cash flow by recovering VAT owed to your business.
Every refund submitted through MyVAT puts real money back into your business bank account. And this isn’t once-off cash—it’s recurring, cyclical liquidity that can be planned for and built into monthly financial strategy.
By treating VAT refunds as a source of working capital, MyVAT helps businesses transform tax admin into a strategic advantage.
Delaying a refund by even a single tax cycle means leaving cash idle that could be fueling the business.
MyVAT focuses on getting claims in accurately and on time. That means cash is returned quickly, without SARS delays or errors due to incorrect filings.
Submitting incorrect VAT claims can lead to penalties or drawn-out SARS processes. This can lock up expected funds and cause serious cash flow gaps—especially for smaller businesses operating on tight margins.
MyVAT protects your business from these setbacks by:
With MyVAT, cash doesn’t get stuck behind red tape or paperwork errors. It stays moving and accessible.
When finance teams manage VAT manually, they often waste hours chasing documents, reconciling data, and interpreting changing regulations.
This creates:
By outsourcing VAT refunds to MyVAT, companies free up valuable internal bandwidth. That means finance staff can shift focus to planning, forecasting, and strategic decisions—not admin.
One of the biggest wins from working with MyVAT is consistency. When VAT refund cycles are locked in and reliable, businesses can budget around expected inflows—just like customer payments.
MyVAT ensures that refunds become part of your monthly rhythm, not a surprise.
Let’s break it down. Here are a few ways VAT refunds have direct impact:
A retail business imports stock monthly and pays VAT on each container. Getting that VAT back faster means more cash to buy the next batch—without borrowing.
A service-based business claims VAT on travel, subscriptions, and tech. Monthly refunds through MyVAT reduce out-of-pocket overhead and smooth over variable client payments.
With materials and labor bills due upfront, cash is tight. Fast VAT returns allow these businesses to stay on schedule and reduce finance charges.
One missed claim or a poorly documented refund can trigger SARS queries—or even a full audit. That’s not only stressful but can freeze refunds for months.
MyVAT defends your cash flow from SARS interruptions by:
When you don’t have to worry about penalties or disputes, you can forecast cash flow with confidence.