The profits are either declared to you as a salary in which case you will not have to register as a provisional taxpayer, but your salary will be taxed each month where the company must pay over PAYE. The company will get a tax deduction for this.
Otherwise the profits are taken as a dividend and the company will withhold 15% before paying it to you and pay that to SARS. In this case you will not register as a provisional taxpayer either, but the business does not receive a deduction.
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