Affiliate Program Commission Structure

Schedule of commission fees payable to HLSA affiliates.

Fees are based upon bond registrations per calendar month.

Total monthly bond value granted	Commission (excl. VAT)	Commission (incl. VAT)
Up to R2 000 000	0.40 %	0.456 %
R2 000 001 to R5 000 000	0.42 %	0.479 %
R5 000 001 to R10 000 000	0.44 %	0.502 %
R10 000 001 to R20 000 000	0.46 %	0.524 %
R20 000 001 to R30 000 000	0.50 %	0.57 %
R30 000 001 plus	0.60 %	0.684 %

Please note that if you are registered for VAT, you will need to send us a tax invoice for the total commission we owe you plus 14% VAT. Failure to follow this procedure will result in you only being paid the commission due without VAT.

The commissions in your affiliate account will first be calculated by using the lowest commission rate ( 0.4 % ). If the total value of your registered bonds during any month is more than R2 000 000, we will calculate and add the difference to your account before we pay you. This difference will be displayed as a bonus in your affiliate account.

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