small business tax south africa

Which businesses are exempt from tax in South Africa?

by

In South Africa, certain types of businesses may be exempt from paying income tax, provided they meet specific criteria and comply with relevant regulations. These exemptions are designed to promote economic growth, job creation, and other socially desirable outcomes. However, the criteria for exemption can vary, and it’s important to consult with a tax professional … Read more

When must a business pay tax in South Africa?

by

In South Africa, businesses are generally required to pay taxes according to specific schedules and deadlines determined by the South African Revenue Service (SARS). The timing and frequency of tax payments can vary depending on the type of tax and the financial year-end of your business. Here are some common taxes and their payment schedules: … Read more