Can anyone tell me what is considered as COMMERCIAL ARTS by SARS?
The reason I ask this:
Special rates of tax apply to small business corporations (SBC's)
The allowances do not included 'personal services'
Such as :
accounting, actuarial science, architecture, autioneering, auditing, broadcasting, broking, commercial arts, consulting, draftmanship, education, engineering, entertainment, health, information technology, journalism, law, management, performing arts, real estate, research, secretarial services, sport, surveying, translation, valuation, veterinary science.
'Commercial arts' is such a broad term - but what is it in terms of SARS?