Small business
By Marc Sevitz · Updated
I run a small business from home and make about R40 000. 00 a year. I only pay insurance and maybe cell. So what is my draw for provisional tax. And how much tax would business pay.
Is your business registered as a company (pty) or do you operate as a sole proprietor i.e in your individual capacity
I am not registered at all and SARS want tax returns for 4 years.Business has done well below tax paying limit.I am more worried abt provisional tax for myself.The charge for tax on ur site is that once off payment or for each tax year submitted
If you operate as a sole proprietor (i.e. not through a company), the business profits would be included in your own tax return. The tax threshold for individuals is R73,650 per year so there is no tax payable if you earn below this amount.
The fees on our pricing page is per tax return (per year).
The fees on our pricing page is per tax return (per year).
So when I am ready u can help fill in and post tax return. I have a debit card can I pay with that
Unfortunately, you cannot pay with a debit card. We accept EFTS or Cedit Card/ Cheque card payments.
Once you have made payment, our online digital assistant will guide you through the process to complete your tax return and submit to SARS.
Once you have made payment, our online digital assistant will guide you through the process to complete your tax return and submit to SARS.