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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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help you
submit your
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 Do Your Tax Return Easily
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Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

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