Turnover Tax Calculator
Calculate simplified turnover-based tax for small businesses in South Africa, Philippines, Rwanda, and other jurisdictions — replacing complex income tax with a flat rate on gross revenue.
Frequently Asked Questions
What is turnover tax?
Turnover tax is a simplified tax system where small businesses pay a fixed percentage of gross revenue instead of calculating complex income tax, VAT, and provisional tax separately.
Who qualifies for turnover tax in South Africa?
Micro businesses with a turnover below R1 million per year may opt into the South Africa Turnover Tax system, which replaces income tax, CGT, dividends tax, and provisional tax with a simple sliding scale.
Is turnover tax better than income tax?
For profitable businesses, turnover tax may be higher (it taxes revenue, not profit). For loss-making businesses or those with low margins, it can be significantly lower. Always compare both options with an accountant.