“There are two systems of taxation in our country: one for the informed and one for the uninformed.” (U.S. Judge Learned Hand)
Whether you have recently started a new venture or have had a small business for a while don’t forget that SARS offers two types of favourable tax treatments for small entities:
1. Turnover Tax on micro businesses
2. Tax on Small Business Corporations (SBCs).
Read more news in our latest CA(SA)DotNews Newsletter.