Good morning bloggers. This was taken off the SARS site - AGGRESSIVE TAX STRUCTURING. Please be aware of what the legalities are. If your Bookkeeper and/or Accountant is aware of any tax impropriety in your books and/or the running of your business, they are obliged, by law, to report the matter to SARS. The consequences will not be pleasant, I can assure you.
This is another reason, I always urge small business owners not to do their own books. You may not understand taxes and what can be claimed for and what cannot. Be aware!
Think carefully about what you are doing, if you are not giving the taxman his lawful share!
See article: AGGRESSIVE TAX STRUCTURING
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