Hello Prof , great to hear you again. Miss you at SAIPA conferences.

Thank you Prof. Lester for this very informative lecture. by this video you have helped me a great deal.

Thank you Prof! 😎💪

Thank you, important information that is not taught at schools or at any point through all my years of study. It might of encouraged3 many of us to become entrepreneurs

What a fantastic lecturer thank you sir!

This was an amazing video to watch for a small business owner - thanks so so so much!

Really enjoyed this video Prof Lester.

Thank you for your video Matthew.

Thank you for this great knowledge

Thanks Prof, I'm starting a GP practice and I wasn't sure about tax, this helped a lot

Thank you so much Prof 👨‍🏫

awesome video. I am a photographer i make around 10k a month

I have a question. If my turnover is R1.7m but I owe R1.2 m do the bank, would I have to pay taxes on the amount owed to the bank as well?

Is this information still relevant in 2020?

Hi. I really found this very insightful. I need some advice on how to deal with my tax problems. Please help. I have paid thousand to accountants who haven't help. I am at the point of going to sars and pleading my case myself

Hi Prof. Lester. With a small business corporation what happens to the net after tax profit ? Does it have to become part of retained earnings ? If the owner uses it then will the owner have to pay income tax in his own name on the net after tax profit of the SBC ?

Prof. Lester I enjoy your videos. I stand under correction with my following questions, but you will know better as you know the laws better. You mention with SME's the gross income/ (turnover) may not exceed R14m pa. Should that not be R20m pa? You also mention that a company loses it's SME status when a Shareholder has Shares in OTHER Companies during a year of assessment. What about "de minimis levels of shareholding"? A few years ago I read the following somewhere and made a note of it, but unfortunately I did not record WHERE I read it: "Companies will NOT be prevented from receiving Small Business Corporation tax relief merely because they have shareholders with de minimis levels of ownership in other companies". When was this applicable? And why is it not applicable anymore?

How many employees are there in a very small bs