Do you have anyone else working for you? Is the business registered or do you run it as a sole prop?
Therapistsays: 30 April 2015 at 8:59
Hi Tax Tim,
no one else working for me. I run the business as a sole prop.
TaxTimsays: 30 April 2015 at 13:39
And the R6 000 is after all your expenses have been paid?
Therapistsays: 4 May 2015 at 13:11
No. Before expenses. I am not really making any profit yet.
TaxTimsays: 4 May 2015 at 13:17
For now you do not need to register as a provisional taxpayer as you are not earning enough. You will still need to file a return at year end. So for the period 1 March 2014 - 28 February 2015 you will file a return and include all the income and all the expenses, but luckily you will not have to pay tax yet.
Therapistsays: 4 May 2015 at 13:29
TaxTimsays: 4 May 2015 at 13:38
Only a pleasure!
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