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Taxable income for taxi business?

Posted 23 June 2015 under Tax Q&A


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Givo says:
3 June 2015 at 9:27

Is income generated by operating a taxi business taxable?

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

TaxTim TaxTim says:
3 June 2015 at 10:22

Yes, income generated by operating any income is taxable and you need to submit tax returns to SARS and pay the appropriate tax.


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Blog Categories


Small
Business
Tax Returns
Made Easy


TaxTim will help you:

 Do Your ITR14 Tax Return without a Tax Expert
 Claim for all the Deductions your Business Qualifies for
 Turn your Accounting Records into a Tax Return

TaxTim asks you simple questions about your business, then processes your answers and completes your ITR14 business tax return instantly.

Get started