FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Do I need to submit a tax return for my small business?

Posted 25 January 2016

Herne says:
25 January 2016 at 15:35

I own a small business which was registered as a company in March 2015 and I'm the sole owner. I distribute online products in Johannesburg and my turnover was less than R30 000. Do I have to submit a tax return?

TaxTim TaxTim says:
25 January 2016 at 16:12

Yes you will, but you will not have to pay tax if you don't make a profit.

This entry was posted in Tax Q&A Bookmark the permalink.




Submit your tax return right here!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.