Page 9 - Companies & Dividend Tax

COMPANIES & CLOSE CORPORATIONS

SBC – Illustration

• Bizzie sent you an e-mail with the following

concern regarding Bizzie-as-a-bee Cleaners.

• Bizzy recently heard about a concept called “small

business corporations”.

• Although she has never considered the utilisation of a

private company (she does not like administrative red

tape), she has heard that it might be to her benefit from

an income tax perspective to operate her business as a

small business corporation.

• Bizzie wants to know what tax advantages exist for small

business corporations.

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