Resources On-Demand

Overview Up to this point in your studies of Business Tax, the focus has been on the income tax treatment of companies (including close corporations). In this module, we will discuss the taxation of other entities, where the legal form of the enti ty might be different, and/or where different or special rules for taxation might be applicable. Short course content (self-paced)  The subtopics or units included in this topic are: Introduction to Micro BusinessesRegistration  Competencies developed in this short course (self-paced) After studying this introduction to micro businesses, you should be able to: Understand which businesses could potentially qualify as micro businesses. Understand the basic working of the turnover tax system. Understand the basic principles regarding taxation of micro businesses.

Overview Up to this point in your studies of Business Tax, the focus has been on the income tax treatment of companies (including close corporations). In this module, we will discuss the taxation of other entities, where the legal form of the enti ty might be different, and/or where different or special rules for taxation might be applicable. Short course content (self-paced) Registration and deregistration of a Micro Business   Competencies developed in this short course (self-paced) After studying this introduction to micro businesses, you should be able to: Understand which businesses could potentially qualify as micro businesses. Understand the basic working of the turnover tax system. Understand the basic principles regarding taxation of micro businesses.

OUTCOMES OF TOPIC After studying this introduction to micro businesses, you should be able to: ✓ Understand which businesses could potentially qualify as micro businesses; ✓ Understand the basic working of the turnover tax system; ✓ Understand the basic principles regarding taxation of micro businesses.