How much do I pay tax if my business has made less than R10000 profit

By Marc Sevitz · Updated

Freddy

Freddy said:
2 November 2015 at 12:53

I have cash loan business,and I only made R2000 of profit due to bad payers. So how much should I pay to SARS?
TaxTim Marc

TaxTim Marc said:
2 November 2015 at 14:14

Do you operate as a sole proprietor or have you registered a company for your business?
Freddy

Freddy said:
2 November 2015 at 20:21

I have registered my business, it's a cash loan business.
TaxTim Marc

TaxTim Marc said:
3 November 2015 at 12:38

If it is a pty company, then there will be company tax payable at 28%.