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Markup and Margin Calculator (South Africa)

Price a job from your cost, see the markup and the margin side by side, and get the VAT figure that goes on the invoice. Everything runs on your device.

  • R ZAR
  • VAT 15%
  • Tax reference number
  • A4
  • English
Work from

Charge

R 1 400,00

excluding VAT

Cost
R 1 000,00
Profit
R 400,00
VAT at 15%
R 210,00
Total on the invoice
R 1 610,00

That is a 40% markup and a 28.57% margin.

Turn this into a quotation

Price rules that affect your markup

The Consumer Protection Act 68 of 2008 governs how prices are shown. Under section 23 a retailer may not display goods for sale without a price in rand, on the item, label or shelf, or in a current dated catalogue. You may not charge more than the displayed price, or more than the lowest price where several are shown, and an announced percentage or rand discount applies to the displayed price. An obvious error can be corrected only after fixing the ticket and taking reasonable steps to tell customers. These rules do not apply where a price is set by regulation.

Fuel is the main regulated price. The Department of Mineral and Petroleum Resources sets the petrol retail price and adjusts it on the first Wednesday of each month. The Central Energy Fund calculates petrol, diesel and illuminating paraffin prices daily from international prices and the rand-dollar rate. The pump price is the Basic Fuels Price plus taxes and levies, regulated wholesale and retail margins and transport. Diesel's retail price is not regulated, but a wholesale list price is published.