Welcome to The Forum SA. As a visitor you have read only access to the public content areas of this website. You will have to register as a member to access all content, post messages and network with our members. Membership is free and registering is quick and easy. You can click here to register now and become a member within minutes.
I have been running a very small business operation out of my garage for the passed three years. I haven't been paying any income TAX and sadly my books were not kept up to date. I would now like to get things sorted out so that I can register my business and move forward.
Some folks I've come across in this sort of position just say they were mostly unemployed, with occasional odd jobs - and give some sort of income figure. What you can get away with depends on what's obvious and traceable. What's been going through the bank accounts, the rent and expected overhead expenditure.
As a problem it's not going to go away. The sooner it's tackled, the better.
And at least the voluntary disclosure program has become a fixture, so there's a fair chance you might not be in for penalties and interest.
We process personal data about users of our site, through the use of cookies and other technologies, to deliver our services, personalize advertising, and to analyze site activity. We may share certain information about our users with our advertising and analytics partners. For additional details, refer to our Privacy Policy.
By clicking "I AGREE" below, you agree to our Privacy Policy and our personal data processing and cookie practices as described therein. You also acknowledge that this forum may be hosted outside your country and you consent to the collection, storage, and processing of your data in the country where this forum is hosted.
Tweet
Comment