Does a sole trader require signed financial statements?

By Nicci Courtney-Clarke · Updated

Geo

Geo said:
13 April 2016 at 12:28

Does a sole trader who is registered for provisional tax need to have annual financials done?
TaxTim Nicci

TaxTim Nicci said:
14 April 2016 at 9:22

Not necessarily, but he should have some financial documentation to show SARS how he arrived at his profit/loss figure.