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Does a sole trader require signed financial statements?

Posted 14 April 2016

Geo said:
13 April 2016 at 12:28

Does a sole trader who is registered for provisional tax need to have annual financials done?

TaxTim Nicci said:
14 April 2016 at 9:22

Not necessarily, but he should have some financial documentation to show SARS how he arrived at his profit/loss figure.

This entry was posted in Tax Q&A and tagged Provisional Tax, Audit / Verification. Bookmark the permalink.

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Does a sole trader require signed financial statements?

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