Do I only pay tax for the months I am over the tax bracket?

Posted 17 September 2012

I am just starting out a part time photography business from home. My income isn't a set amount each month. Do I only pay tax the months I am over the tax bracket? And do I pay tax on my total income - or only the amount after I pay everything - such as medical aid, insurance, business costs etc.
Also, because this is my only source of income - do I only pay income tax or?

When is eFiling for provisional taxpayers to be done?

Posted 17 September 2012

Hi Tim,
Even with e-filing, do I still have to submit my provisional tax by 31 Aug. I thought it was 28 Nov for e-filing. Please advise. Many thanks

Do additional taxes from late submission or under estimate get included in the irp6 form?

Posted 16 September 2012

In filling in the irp6 form for provisional tax must the additional taxes incurred from late submission or under estimate for the second provisional tax payment be included in the form and if so where? Or does SARS tell you the additional taxes incurred when they send you your assessment for the year?

Do I need to register as a provisional taxpayer if I am self employed with irregular income from sam

Posted 20 August 2012

I am self employed with irregular income from the same source. I have registered with e-filing as individual tax payer. Should this be changed to provisional tax payer?

Is income earned online taxable?

Posted 20 August 2012

Would this apply as provisional tax ? I earn income from Cash Back advertising, Basically you purchase a $10 advertising package which promotes your website for 75 days and pays you 2% per day giving you a return of $15 or 150% after 75 days. Thanks for your website, I was totally clueless about tax before.

Started freelancing, not paying provisional tax. Can TaxTim help?

Posted 20 August 2012

I have being earning some money on the side as a freelancer during this last tax year and I went fulltime freelancing in a personal capacity at the end of 2011.

Will TaxTim be able to guide me with the expenses I can claim as part of operating as a freelancer? SARS is very strict on when certain expenses can be claimed. They seem to only allow expenses when salary is earned on a commission basis.

Do I have to register as provisional taxpayer if I earn rental income?

Posted 8 August 2012

I pay PAYE as a salaried employee. I also have rental income. When doing e filing, do I also say I am a provisional taxpayer for the rental income, and have to register as that?

How do I go about completing and collating my taxes if I am self employed?

Posted 5 August 2012

I resigned from my corporate job in 2009 and became a full-time entertainer. Working when the bookings come in, I earn an irregular income. How do I go about completing my taxes as a self emplyed individual?

How do I calculate how much tax I owe?

Posted 23 April 2012

TAX PAYABLE is essentially calculated as follows:


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What is Provisional Tax?

Posted 6 January 2012

So as we are getting closer to Provisional Tax Season the question on taxpayer’s minds is, do I qualify as a provisional taxpayer? The Income Tax Act sets out specifics as to who qualifies and who doesn’t.

If you are a salaried employee then your employer will deduct a monthly amount and pay it over to SARS on your behalf. You will only have to file one tax return at the end of tax season.

Otherwise you may qualify as a provisional taxpayer and will have to submit a return twice a year...

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