Hi,
What type of provisional tax return should a section 21 company complete, if any?
Kindly advise.
Regards
Hi,
What type of provisional tax return should a section 21 company complete, if any?
Kindly advise.
Regards
Hi
An approved PBO is exempt from provisional tax.
The annual trading exemption for a PBO is R200,000, any income in excess of this exemption is subject to tax at a rate of 28%.
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