Hi all,
Hope you can help. I have two clients who were sole props until June 2013 and then became Pty's in July 2014.
Do I submit their returns as just a Pty for that year? The one also is turning more than R1mill so must register them for VAT. They only just opened a bank account in Pty name although they registered in July - can I still submit the invoices they did from July or can it only be invoices that were paid into Pty named bank account?