Do you also do small business tax? How much would cost for a small business tax? can I hire my unemployed family and friends and deduct their salaries from my revenues? And what would constitute proof of employment of these friends to SARS?
Do you mean to employ them and hire them for work done?
Thesays: 29 March 2016 at 16:57
Yes. And how much is it to do my small business tax filling?
TaxTimsays: 30 March 2016 at 8:47
We don't currently do Small Business Returns, we will be providing this service in the coming months. You will only be able to hire and pay these family members if they are actually working for the company and then the salary you pay them cannot be more than market related. Proof would be contracts of employment and if SARS really wants to check they will do spot inspections to see that they are actually performing work.
Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.