Keep more of what
your business earns

Turnover Tax (TOT) is a simplified SARS tax system for qualifying South African micro-businesses. It replaces Income Tax, VAT (unless you elect to stay in the VAT system), Provisional Tax, Capital Gains Tax, and Dividends Tax with a single low rate calculated on turnover — not profit. From 1 April 2026, the qualifying threshold increased to R2.3 million in annual turnover. Qualifying entities include sole proprietors, partnerships, close corporations, companies, and co-operatives — provided they meet SARS eligibility criteria and are not in an excluded industry.

The saving depends on your specific turnover, business structure, and current tax position. As a general guide: businesses with turnover below R600,000 pay zero tax under Turnover Tax. Businesses between R600,000 and R2.3 million pay graduated rates starting at 1% — far below standard income or company tax rates. Depending on turnover and current structure, annual savings can range from thousands to over a hundred thousand rand. Book a free assessment and we'll calculate your exact saving to the rand — at no cost and with no obligation.

SARS only allows businesses to elect Turnover Tax once per year — before the end of February. This is a hard deadline with no extensions. If you miss it, you cannot register until the following tax year and will pay full standard tax rates for the entire year. For a business with R900,000 turnover, that can mean losing R60,000–R110,000 in savings. The earlier you contact us, the better protected you are. Don't wait until January — the assessment process takes time to do correctly.

Technically yes — but it carries significant risk. Turnover Tax has specific eligibility criteria, excluded business types, income source restrictions, and structural requirements that are easy to get wrong. SARS enforces these strictly: incorrect registration can result in disqualification, back-taxation, interest, and penalties that far exceed what you saved. Many business owners who self-registered have later faced SARS compliance issues. A professional assessment costs a fraction of what a mistake costs — and our free initial assessment means there's no reason not to get it right the first time.

No. New Tax Savings PTY LTD is a 100% remote service. We work with small businesses across all nine provinces of South Africa — Johannesburg, Cape Town, Pretoria, Bloemfontein, Durban, Port Elizabeth, East London, and everywhere in between. Everything is handled via phone, WhatsApp, email, and secure online document submission. You never need to visit an office. If you are a qualifying South African small business, we can help you — regardless of where you are.

One of the key benefits of Turnover Tax is significantly reduced record-keeping requirements compared to the standard tax regime. You are required to keep records of your total turnover (gross income) and certain exempt amounts. You do not need to track expenses for tax purposes in the same way as under standard income tax. However, SARS can request your records at any time — so they must be maintained correctly and be audit-ready. We guide all our clients through exactly what to keep, and we maintain it on your behalf as part of our year-round compliance service.

SARS excludes certain professional and personal service industries from Turnover Tax. These include professional services such as law, accounting, medicine, engineering, architecture, and financial services, among others. Businesses that derive income from investment (interest, dividends, royalties) or that have connected persons with other businesses may also be excluded or restricted. The exact exclusions depend on your specific business structure and income composition. This is one of the main reasons a professional eligibility assessment is critical — we identify exclusions that might not be obvious and ensure you don't register for a system you don't qualify for.

There is no catch. The initial 30-minute assessment is completely free and carries no obligation. We will tell you honestly whether you qualify, how much you stand to save, and what the registration process involves. If you don't qualify, we'll tell you that too — and point you to the most suitable alternative. We offer the free assessment because we're confident that once you see your potential saving, you'll want to work with us. But there is absolutely no pressure and no cost for the assessment itself.