The South African Revenue Service (SARS) has published a short PDF guide on the various taxes applicable to small businesses. It's a useful summary of the ins and outs of tax compliance for SMEs, however not a replacement for solid advice from a qualified accountant and/or tax practitioner.
SMEs can benefit from reduced tax rates or special tax regimes designed especially for SMEs. A business must qualify for the reduced rates.
There is a useful summary of VAT registration requirements, which a small business owner will find very helpful.
The guide is available online here: https://www.sars.gov.za/businesses-and-employers/small-businesses/ or simply download below.
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