Taxable income for taxi business?

By Marc Sevitz · Updated

Givo

Givo said:
3 June 2015 at 9:27

Is income generated by operating a taxi business taxable?
TaxTim Marc

TaxTim Marc said:
3 June 2015 at 10:22

Yes, income generated by operating any income is taxable and you need to submit tax returns to SARS and pay the appropriate tax.