Income tax for companies - SAVE R90000 or more! (SA 2023)

IN THIS VIDEO I EXPLAIN EXACTLY HOW YOU CAN SAVE MORE THAN R90000 IN COMPANY TAX!!!

Small Business Corporation Tax rates is in Section 12 of the Income Tax Act, and is prescribed by SARS as a way to help small businesses save tax in a legal way!

Do you need an accountant? Check out our website at www.saaccountingnetwork.co.za

Watch the video to see of you qualify for this amazing tax saving, in the example I show you how a small business with a turnover of R3 million can save R300 000 in Income tax.

There are four requirements which you need to meet in order to qualify as a Small Business Corporation.

You can download the full guide here

http://www.saaccountingnetwork.co.za/...

Under the link " Guide to Small Business Corporations"

And go check out the SARS website to make sure you have the latest guide here

http://www.sars.gov.za/clientsegments...

Contact us today then we can asssit you!


Disclaimer Nothing in this channel can be considered "advice" in any form, and neither Heinrich Grove or SA Accounting Network PTY Ltd can be held liable for any claim resulting from the information in this video. Since circumstances often differ vastly, should you need advice we recommend getting in touch with a professional service provider or contact the Receiver of Revenue.