Our story
Profit Recovery Solutions (PRS) is a technology company with a track record in recovering taxes and penalties for clients across a range of sectors.
We believe in making the impossible possible by uncovering hidden savings for businesses. Born from a client approach more than a decade ago, we discovered an opportunity too good to pass up—creating value through contingency-based VAT reviews.
From our first clients in Australia to servicing approximately 20% of JSE-listed companies, including a review for the JSE itself, we’ve helped more than 950 clients unlock hidden value in their businesses.
MAKING AN IMPACT
Our proudest achievement? Creating sustainability for our clients through significant VAT recoveries. A standout example was helping a Western Cape company with a R100 million turnover recover R7 million, which provided crucial working capital for its growth.
We’ve expanded our reach from South Africa to Australia, the UK, and the UAE, proving that value creation knows no borders. Each success story reinforces our belief in the power of thorough financial review and its impact on business sustainability.
the lekker connection
With VAT in 170 countries globally, The Lekker Network is an ideal platform for accessing clients and building meaningful relationships. It was a “no-brainer” for us to join as corporate members.
Why? Because we’re passionate about creating value for South Africans, building relationships, and generating employment opportunities. We’ve already employed South African team members in the UK and aim to expand into various other countries, making international connections as simple as a WhatsApp message away.
Location
South African impact vision
Our bold vision is to create a proactive environment where we empower people with opportunities. We believe if you’re not part of the solution, you’re part of the problem.
Through the Lekker Network, we aim to change mindsets and showcase what South Africans can achieve globally. It’s about making South Africa greater through employment, value creation, and meaningfully contributing to the global economy—not just as takers but as givers.
Fun Facts
Office tradition: Bi-weekly Friday breakfasts at Tasha’s for team bonding
Our team’s favourite South African saying: You don’t know what you don’t know (relating to the lucky packets we open in our clients’ data)
What keeps us energised at work: The thrill of uncovering new opportunities and our team’s eagerness to take on new challenges.
The most unusual project we’ve worked on: Performing a review for a “plattelandse client” and going through the henhouses looking for invoices amongst the chickens and pigeons
“If you believe you’ve got a good product or service just be consistent in what you do.”
Johan Coetzer
Our Services
VAT Benefits Review
We meticulously and systematically analyse your transactions to uncover any inaccuracies in your VAT processes.
Dispute Resolution
Our specialised service focuses on VAT payments, aiming to identify opportunities where penalties and interest levied by the relevant revenue service can be significantly reduced or completely waived.
International Tax Expertise
Specialised services across South Africa, Australia (GST), UK and UAE markets.
Visit our website
Every year, companies lose significant amounts in recoverable taxes and penalties. Is your business one of them?
our vision & values
Guided by our principle, “You don’t know what you don’t know,” we’re committed to exploring every opportunity, regardless of size.
Our approach? Be consistent in everything you do—from cold emails to client relationships. When you consistently do the right thing and believe in what you do, success follows.
Connect with us!
Join the network that's shaping the future of South African business. Let's build something lekker, together.