The National Treasury’s requirement for a one-man/small, medium-sized and micro enterprises (SMME) to submit the EMP201 forms every month must be amended. This requires an accountant to submit the forms, and accountants have to be paid. The requirement should be based on a minimum turnover.

The annual submission of financial statements to the SA Revenue Service (Sars) also requires an accountant. Why not also base this on turnover, rather requiring all SMMEs to comply? These are an additional burden on SMMEs, many of which are struggling to meet overheads...

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