Results 1 to 4 of 4

Thread: Personal Service Provider Company Tax

  1. #1
    Junior Member AndreH's Avatar
    Join Date
    Jan 2013
    Location
    Brackenfell
    Posts
    14
    Thanks
    5
    Thanked 1 Time in 1 Post

    Personal Service Provider Company Tax

    Hi All, 2 directors of startup Pty A, does laboratory + chem engineering work + consulting + development for company, B. Directors of A work on site of Company B (no supervision comes and goes as needed). Directors of A also does reporting work at home office of A for company B. Company A also does work for Company C - Company B has shares in Company C. As Company A is a new startup company - more than 80% of income is coming from Company B. Talks of a joint venture company between A & B are on the way to develop and provide service to Company C. There are no other permanent employees at Company A. Is this full blown PSP for tax purposes ? Any advice or comments on how I should go about ? My first time dealing with such a company. Thanks!

  2. #2
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    22,648
    Thanks
    3,304
    Thanked 2,676 Times in 2,257 Posts
    Blog Entries
    12
    Is there a compelling reason why it is not a PSP?

  3. Thanks given for this post:

    AndreH (27-Aug-20)

  4. #3
    Junior Member AndreH's Avatar
    Join Date
    Jan 2013
    Location
    Brackenfell
    Posts
    14
    Thanks
    5
    Thanked 1 Time in 1 Post
    It doesnt look like it ne. 🙄

  5. #4
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    22,648
    Thanks
    3,304
    Thanked 2,676 Times in 2,257 Posts
    Blog Entries
    12
    If it looks like a duck and quacks like a duck, it is probably a duck (unless there is clear evidence to suggest otherwise).

Similar Threads

  1. [Question] Tax for a Personal Service Provider (PSP)
    By jollem in forum Tax Forum
    Replies: 0
    Last Post: 28-Mar-18, 07:34 PM
  2. [Question] Personal Service Provider Questions(very confused)
    By PSPstarter in forum Tax Forum
    Replies: 4
    Last Post: 04-Sep-13, 06:44 PM
  3. Definition of personal service company
    By deweyzeph in forum Tax Forum
    Replies: 4
    Last Post: 09-Jun-12, 06:48 AM
  4. How to become a financial service provider
    By lukes5216 in forum Business Finance Forum
    Replies: 5
    Last Post: 15-Feb-12, 08:25 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •