12 September 2012 at 19:21
Is your business a registered entity like a CC or (Pty) Limited or is it running in your name?
Businesses are subject to corporate tax at a rate 28% on taxable income. There are certain exceptions which allow a small business to be taxed at a lower rate. If the business is in your personal name then the tax rate is at your personal tax rate.
Before I answer properly can you tell me which one it is? Don't worry there isn't anything to stress about, we're here to help!