All small businesses know it! Turnover Tax is a blessing, especially when compared to having to juggle VAT, Income Tax, Provisional Tax, Dividends Tax as well Capital Gains Tax.
This alternative tax system, namely Turnover Tax, can make it so much easier to meet tax obligations.
But how can you make sure you, as an individual or a partnership, qualify for Turnover Tax?
By answering 'YES'... ››› more
Did you know that before the introduction of turnover tax all businesses, even tiny start-ups, were forced to register for income tax? This was problematic as they battled to meet the tax requirements, complete all the forms, pay over all the taxes and meeting all the deadlines. Luckily, turnover tax has removed this burden with one simple tax. Read on to find out if your business qualifies so you... ››› more
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