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Thread: Creche

  1. #1
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    Creche

    An individual with 3 different creche's has requested that I take care of her income tax affairs. I haven't done bookkeeping on any type of schools before but I'm concerned that all the creches are run and taxed in her personal name. Im trying to figure out which would be the most tax effective way to run the schools. NPO is def out as she is making profits, please can someone advise me on this

  2. #2
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    If you are considering which business structure would suit her best for tax purposes, we would need the total amount of income she generates, before being able to give sound direction?

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