I am a personal fitness trainer. Can I register for turnover tax.
By Marc Sevitz · Updated
I am a personal fitness trainer. Can I register for turnover tax.
If more than 20% of a person's receipts for the year consist of income from rendering of a "professional service", then that person cannot register his/her business for turnover tax.
The list of "professional services" is set out in the Tax Act and consists of amongst others, a service in the field of health and sport.
Since personal training would fall into this field, unfortunately your business would not qualify to be registered for turnover tax.
The list of "professional services" is set out in the Tax Act and consists of amongst others, a service in the field of health and sport.
Since personal training would fall into this field, unfortunately your business would not qualify to be registered for turnover tax.