Mataracy
VIP Contributor
Which business can we call small?
A small business can be describe as a business that it's profit or earning per annual is less than $54000(25 million Naira my local money).
Since the only that the small business require more is receipt to sell it's goods.
Though the small business that can be exempted from tax are those that are home base business that are actually selling small items like clothing are some personal accessories.
They are the business that do not require to be register before they can operate or start. Can small business be exempted from tax?
A small business can be describe as a business that it's profit or earning per annual is less than $54000(25 million Naira my local money).
Since the only that the small business require more is receipt to sell it's goods.
Though the small business that can be exempted from tax are those that are home base business that are actually selling small items like clothing are some personal accessories.
They are the business that do not require to be register before they can operate or start. Can small business be exempted from tax?