Claim & Cost Calculator and Guide

   

Expenses and fees March 2011

 
 
Interpretation of the Tariff (What you can charge for & when / guidelines)

 

This interpretation has been completed and needs to be ratified by the ADRA
Executive Committee first before it is available for public consumption. Members
will be advised of the availability of the interpretation herein in due course.
Claim & Cost Calculator (New Tariff W.E.F. 07 November 2007)

 

Members are advised that this claim & cost calculator serves only as a guide to assist in the calculation of the final amount payable by debtors which is based on the accuracy of various inputs to be determined by the member themselves. The total amount payable in the calculator should therefore serve only as an estimate and members are expected to exercise due care in the interpretation of "Annexure B : Expenses & Fees" of the Debt Collectors Act (Act 114 of 1998). ADRA does not hold itself responsible and/or liable in the event that members use the claim & cost calculator incorrectly and/or if members do not apply an/or interpret the tariff in accordance with the requirements of the Act.
KINDLY INPUT DATA IN THE YELLOW TEXT BOXES 
Move to next box for calculation to happen
    
Capital amount handed over R  
Approx number of instalments to be paid by debtor  
COST TYPE TARIFF MAX QUANTITY COST PER ITEM

NOTES TO THE ADRA MEMBER / DEBT COLLECTION COMPANY
Letters/Fax/Email Out R 15.00   R Item 1 (a) of tariff : Necessary ordinary letter, facsimile or email
Letter Out (Registered) R 17.00   R Item 1 (b) of tariff : Registered letter (Sec 57 of Magistrates Court Act)
Telephone call  Out R 15.00   R Item 2 of tariff : Necessary phone call (which is not a consultation)
Sign AOD (including consult) R 60.00   R Item 4 of tariff : AOD in terms of S57 or S58 of Mag Court Act
Draw up settlement a/c R 30.00   R Item 5 of tariff : Drawing up a settlement a/c (other than the free 6 monthly a/c)
Tel call in In R 7.00   R Item 6 of tariff : Correspondence received and attended to
Letters/Faxes/Emails In R 7.00   R Item 6 of tariff : Correspondence received and attended to
Consultation only R 37.00   R Item 7 of tariff : Necessary Consultation with debtor (No AOD signed)
Attending taxation of account R 59.00   R Item 8 of tariff : Attending taxation of account
Total costs (Items 1 - 8 of tariff)     R Note that items 1 to 7 cannot exceed the capital amount or R736, whichever is lesser
           
Receipting Fee 10% R 368 R Item 9 of tariff : 10% of instalment received, subject to a maximum of R368
         
GUIDELINE TO CLAIM & COST CALCULATION  
         
Capital amount handed over     R  
Total costs (Items 1 -8 of tariff)     R  
Receipting Fee based on instalments R  
Vat (14% on costs & receipting fee)   R  
         
Total payable by debtor (Estimate)     R  
         
       

 

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