Small Business Tax

[eitai2001]

That is an interesting point. I wonder what the "right" way to handle it is - under declare your nett income so that the provisional payment is correct? It should balance out in the end of year return. Anyone have any ideas?

I qualify as a SBC. When I went to SARS, they told me you don't register, you just tick (but they may investigate whether you qualify or not).

In terms if the Provisional Tax, both on and offline, I was told to fill in the numbers as 0. Maybe its wrong ... but I've had my provisional tax for 2 years submitted like that and no SARS on my footstep. However, where it says Notes, I write that my company qualifies as an SBC.

[Ballack]

Nice thing. There are so many confusions in the minds of people about the tax payment. There are different tax laws for different businesses like small business, medium business and large business. There are so many professionals and experts available to help people in these regards. People can take help of them.