Page 12 - Companies & Dividend Tax

COMPANIES & CLOSE CORPORATIONS

Personal service provider

• Refer to Paragraph 1 of the Fourth Schedule and SILKE

chapters 10.8.3 (note 2 below) and 19.5.6

• The 4th Schedule paragraph 1 defines a personal

service provider as

• a company or

• a trust

• Make sure that you understand the difference between

“personal service” as defined in section 12E(4)(d) and a

personal service provider as defined in paragraph 1 of

the Fourth Schedule and how both of these impact on a

small business corporation.

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