Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Do I qualify as a small business corporation?



Nicki said:
16 November 2015 at 13:44

Hi Tim,
I am a photographer and I have my own company set up from which I invoice my clients. I am confused as to whether or not I qualify as a small business corporation due to the nature of my business? I did your online test and from what I can see "photography" does not fall into one of those categories - am I correct?
I have one full time, un related employee and not more than 80% of my income is from one person.

TaxTim Marc TaxTim Marc said:
16 November 2015 at 16:24

As long as the photography services you provide is in no way linked to the field of journalism, then it sounds like your business would qualify as a SBC (assuming you are clear on all your other answers in the online test).

This entry was posted in Tax Q&A and tagged , , . Bookmark the permalink.




Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.