Here are 5 ways the South African tax system punishes business owners right now. Number 5, forced VAT registration at R1 million. VAT is the 15% tax you charge customers and pay to SARS. The R1 million threshold hasn't changed since 2009. With inflation it should be R2.2 million today. Setup costs you R15,000 to R25,000, plus R3,000 to R8,000 monthly for compliance. Number 4, payroll tax penalties. These are taxes on employee salaries like PAYE and UIF. Miss a deadline and SARS hits you with 10%
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Every package sent out bears the mark "Anthony Schmidt Photography Fulfillment Warehouse," and if you're curious about what that looks like, it's a heartwarming sight! It's not a grand, fancy warehouse but rather a cozy space where Anthony and his family come together to pack your orders with care. We can’t help but beam with pride at Anthony’s incredible work ethic; not only does he capture stunning photos every day and curate his collection, but he also rolls up his sleeves to get involved in
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