This helps to illustrate the specific tax considerations for each of the flour different business Organisations Part III contains an explanation of income tax and some of the other taxes you may have to pay in addition to income tax. Part II discusses various aspects of record keeping, including an explanation of net profit or loss. This first edition of "Tax Guide for Small Business" is divided into three parts, The first part contains general information on business organisation and registration. It describes the four major forms of business organisations - sole proprietorship, partnership, close corporation and private company - and explains the tax responsibilities of each. This guide contains in formation about the tax laws that apply to businesses. Income Tax Close Corporations & Companies Income Tax - Sole proprietorships and partnerships Registering with the appropriate authorities Part I - Initial considerations when Organising a business Provided by the South African Revenue Service for more information visit the SARS webpage at Contents:
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