Tax and the entrepreneur

Micro-businesses and entrepreneurs are terrified of SARS so many don’t register.

This is sad. In short, businesses that are not tax registered for tax have stunted their growth potential.

Believe it or not, the tax system is sympathetic to all SME’s. Most SME’s have little or no tax liability anyway. The problem is rather to understand the basics of SME taxation instead of hiding from it.

Here is a short video intervention to explain the basics of tax in the SME sector.

https://www.youtube.com/watch?v=KNegQWP1ES8

 


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