Visit the national COVID-19 Online Resource and News Portal at www.sacoronavirus.co.za or see SARS COVID-19 news items and tax relief measures here.

FAQ: Who does not qualify to be registered for Turnover Tax?

A natural person or company may be excluded from the Turnover Tax regime if:

  1. the shares are held in an unlisted company;
  2. more than 20% of the receipts are derived from rendering a professional service;
  3. the taxpayer is a personal service provider or a labour broker;
  4. if the company’s financial year end is not on 28 February; and
  5. if the any of the company’s shareholders is not a natural person.

Last Updated:

Share this page on:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email
Share on print
Print