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If registered as a (PTY) Ltd today, when does operations start

Posted 19 January 2016 under Tax Questions



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Theuns says:
19 January 2016 at 10:55

Hi Tim. If I register as a (PTY) Ltd today, when do I have to start declaring everything to the receiver considering that i'm currently operating as a sole proprietor?

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TaxTimTaxTim says:
19 January 2016 at 15:34

The company would need to show a provisional tax return 6 months after the official year end. So if the year end is February then you would need to file a provisional tax return end August and so on.


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