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How much do I pay tax if my business has made less than R10000 profit

Posted 3 November 2015

Freddy said:
2 November 2015 at 12:53

I have cash loan business,and I only made R2000 of profit due to bad payers. So how much should I pay to SARS?

TaxTim Marc TaxTim Marc said:
2 November 2015 at 14:14

Do you operate as a sole proprietor or have you registered a company for your business?

Freddy said:
2 November 2015 at 20:21

I have registered my business, it's a cash loan business.

TaxTim Marc TaxTim Marc said:
3 November 2015 at 12:38

If it is a pty company, then there will be company tax payable at 28%.

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