The three boxes
For income tax purposes, assets and deductions are divided into three categories, these categories are also called boxes. Within each box, there is a separate rate at which income is taxed. The boxes are:
Box 1: taxable income from work and home
Box 2: taxable income from substantial interest
Box 3: taxable income from savings and investments
More about SFAA
We stand by you as an entrepreneur. We look at how your finances are doing and help make administration as easy as possible for you. We work in the cloud, which is easier and more insightful. Our aim is for entrepreneurs to do business. We are good at finance and solve administration and tax ‘hassles’. SFAA’s accounting wizards are also happy to vet the financial side of your business. We see what could be better, easier and more economical. This is how we help you save costs.