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Tax liability on profit of 9000 per month on my business

Posted 12 July 2016 under Tax Q&A


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Unkwn says:
12 July 2016 at 13:17

If I get R9000 as a profit on my business how much tax do I supposed to pay

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

TaxTim TaxTim says:
12 July 2016 at 13:22

Are you a sole trader or is the business you have a PTY?
If its a sole trader, click our SARS income tax calculator and complete your income in there.
If your business is a PTY, you are liable for 28% tax on the net income.


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Do your
Tax Return in
20 minutes
or less!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

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!

Get started