Turnover Tax lets qualifying South African micro-businesses pay dramatically less tax — freeing up real money to reinvest where it matters most.
A powerful, SARS-approved tax system — but only for businesses that qualify and are correctly registered.
Turnover Tax (TOT) is a special tax system introduced by SARS for qualifying South African micro-businesses. Instead of the standard individual or company tax rates that can take a significant portion of your income, eligible businesses pay dramatically less — keeping more money in the business where it belongs.
However, not every business automatically qualifies. There are specific eligibility criteria, excluded industries, and structural requirements that SARS enforces strictly. Getting your registration wrong — or missing key compliance steps — can result in penalties, disqualification, or an unexpected tax bill.
That's exactly why businesses come to New Tax Savings PTY LTD. We assess your full situation, handle every step of the registration process, and keep you compliant year after year.
SARS only allows businesses to elect Turnover Tax once a year — before the end of February. If you miss this window, you cannot register until the following tax year. That means another full year of paying standard tax rates.
💸 What does one missed year cost?
Indicative estimates. Actual saving depends on your specific business assessment.
Many business owners attempt to navigate SARS Turnover Tax on their own — and many get it wrong. The consequences can be severe: disqualification, back taxes, interest and penalties that far exceed what they saved.
SARS has specific rules around excluded services, business structures, multiple income sources, and annual compliance that are easy to miss without professional guidance. The February deadline alone catches thousands of businesses off guard every year.
Two decades of SARS building a system designed to benefit South Africa's small business owners.
Correctly structured Turnover Tax can be transformative for a small business — but only when it's done right.
A business paying dramatically less tax has a compounding advantage over competitors. Every rand saved on tax, reinvested into your business, can generate returns many times over:
Get a sense of your potential saving. Your exact amount requires a professional assessment — which we provide free of charge.
From your initial assessment to year-round compliance, New Tax Savings PTY LTD manages everything on your behalf.
From your first contact with us to full year-round compliance — here is what our service looks like.
South African small business owners just like you — paying less, stressing less.
I had no idea I qualified for Turnover Tax. New Tax Savings assessed my business, handled the entire SARS registration, and now I pay a fraction of what I used to. I tried to do it myself first — that was a mistake. They sorted everything out.
Saved R28,000 this yearAs a plumber running my own business, I had zero time for tax admin and no idea where to start. New Tax Savings handled my assessment, registration, and all my record keeping. I just focus on my work. Best decision I've made for my business.
Saved R41,500 this yearI was paying far too much tax and didn't realise there was a better option. New Tax Savings assessed my situation, confirmed I qualified, and handled everything with SARS. I now pay a fraction of what I used to — and I've never had a compliance issue.
Saved R55,000 this year🛡️ Zero risk. Our free assessment costs you nothing. If you don't qualify, we'll tell you honestly — and point you to the best alternative.
Book My Free Assessment →SARS requires Turnover Tax elections to be submitted before the end of February each year. There are no extensions, no exceptions, and no second chances. Miss it and you wait another full year — paying standard tax rates the entire time.
Our team needs time to complete your assessment and prepare your submission properly. The earlier you contact us, the better protected you are.
✅ Start My Assessment TodayBook a free assessment and let us show you exactly how much your business could be saving.
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Not sure if you qualify? Book a free 30-minute call with one of our advisors. We'll assess your business, confirm your eligibility, and give you your personal saving figure — no jargon, no pressure, no cost.
📅 Book My Free Assessment⏰ SARS deadline: end of February
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