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Is my business a Small Business Corporation?
Answer Tim's simple questions below to find out if you are an SBC according to SARS
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This is the start of the Small Business Corporation section.
Is your business a registered company?
This mean you formally registered your business with CIPC.
Yes, my business is an SBC
You qualify for the special tax rates for a Small Business Corporation,
If you need help completing your business tax return, join our
small business mailing list
No, my business is not an SBC
You do not meet the definition of an SBC and therefore all profits are taxed at a flat rate of 28%.
If you need help completing your business tax return, try TaxTim.