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Tax efficient business type for share traders



If one were trading JSE shares full time, which would be the most tax efficient business type to trade under, and why?

TaxTim TaxTim says:
25 September 2013 at 8:40

What is the value of your expected net income each month?

Donovan says:
25 September 2013 at 16:51

Around R 25 000 monthly

TaxTim TaxTim says:
26 September 2013 at 12:35

Based on that amount it would be best to trade in your personal name as the costs of setting up a company and the higher flat tax rate of 28% do not make it worth the effort and admin.

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