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Setting up small business while employed

Posted 13 April 2016

Justin says:
12 April 2016 at 19:12

Can I set up a small business while still employed? The business doesn't do work that conflicts with current employer.

TaxTim TaxTim says:
13 April 2016 at 9:46

It is fine from a tax perspective as long as you are declaring your business profit and are fully compliant with SARS.
However, you would need to check first with your employer to ensure there is no conflict of interest and nothing prohibiting you from engaging in other work while employed.

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