Hi everyone, was wondering if someone could help me with a Small Business Tax question.

I have a client who has registered a (Pty) Ltd which meets most of the SBT requirements. The only one I'm not sure of is the with regards to him not having shareholding in any other businesses. He is a director of an NPO/PBO - does that still count as having shareholding elsewhere or not (because the NPO is a tax exempt entity).

Thanks in advance!