solve the question base on the south africa small business consession.Samson and Delilah are the two members of a close corporation, Headstrong cc$,$ and run a small shop selling gym supplements and hair products. They are committed to this business, and aren$$t involved in any others. They are not registered for VAT, and their year$-$end is at the end of February. Their turnover for the tax year was R$800,000,$ and their total expenses were R$430,000.$

$3\mathrm{.}1$ They have heard of two tax concessions for small businesses, namely Small Business Corporations and Turnover Tax, and have approached you to find out more. What are the respective qualifying criteria for the two tax concession regimes?

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$3\mathrm{.}2$ Regardless of you answer to $3\mathrm{.}1,$ assuming that they qualified as an SBC$,$ what would their tax liability for the year have been under this regime?

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$3\mathrm{.}3$ Similarly, assuming that they qualified for Turnover Tax, what would their tax liability have been under this regime?

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$3\mathrm{.}4$ Which of the two schemes would they pay less tax under? Do you think this is a blanket rule that would apply to all small business $($that they would pay less tax under that specific scheme compared to the other$)?$ Give a short reason or two to substantiate your answer.

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