Checklist
Tax registrations
Which taxes a small business registers for, and when.
- 1
Income tax: companies are registered on incorporation; sole proprietors are taxed as individuals.
SARS eFiling ↗ - 2
Provisional tax: companies and self-employed people make two payments a year (end of August and end of February for a February year-end).
- 3
VAT: compulsory once taxable sales pass the threshold in 12 months; voluntary above the minimum. Check the current thresholds.
SARS ↗ - 4
PAYE, UIF and SDL: when you employ staff (SDL only above the payroll threshold).
SARS eFiling ↗ - 5
Turnover tax: an optional simplified system for micro businesses below its turnover limit.
SARS ↗ - 6
Get a tax compliance status PIN — funders, clients and tenders will ask for it.
SARS eFiling ↗