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TaxTim says: 27 August 2014 at 10:17 Turnover Tax is only available if you are earning less than R1m per year. |
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Karin says: 27 August 2014 at 10:28 Yes, the earning is well below that, but would I qualify if it's admin and bookkeeping related? Is that not a service industry? It is for an individual not a company or trust. |
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TaxTim says: 27 August 2014 at 22:00 If you fit into: "means a service in the field of accounting, actuarial science, architecture, auctioneering, auditing, broadcasting, consulting, draftsmanship, education, engineering, financial service broking, health, information technology, journalism, law, management, real estate broking, research, sport, surveying, translation, valuation or veterinary science;" Then you will not qualify, so doing admin and book keeping would fall under the accounting exclusion. |
