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Do I need to submit a tax return for my small business?

Posted 25 January 2016 under Tax Q&A


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Herne says:
25 January 2016 at 15:35

I own a small business which was registered as a company in March 2015 and I'm the sole owner. I distribute online products in Johannesburg and my turnover was less than R30 000. Do I have to submit a tax return?

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TaxTim TaxTim says:
25 January 2016 at 16:12

Yes you will, but you will not have to pay tax if you don't make a profit.


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Blog Categories


Small
Business
Tax Returns
Made Easy


TaxTim will help you:

 Do Your ITR14 Tax Return without a Tax Expert
 Claim for all the Deductions your Business Qualifies for
 Turn your Accounting Records into a Tax Return

TaxTim asks you simple questions about your business, then processes your answers and completes your ITR14 business tax return instantly.

Get started