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TaxTim says: 15 July 2013 at 20:29 For the 2014 tax year the threshold is R67 111 and for the 2013 tax year the threshold is R63 556. Yes those taxpayers who earn less than R250 000 and only have one employer and no deductions or other income or expenses need not submit a tax return. |
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Lonkies says: 15 July 2013 at 20:47 Just want to be sure, does tax threshold mean if you earn that amount or earn below the tax threshold amount, you don't have to pay tax? |
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TaxTim says: 15 July 2013 at 20:48 Below that amount and you don't have to pay tax - R67 111 |
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Lonkies says: 15 July 2013 at 20:50 Thanks so much for answering my questions! Much appreciated! |
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TaxTim says: 15 July 2013 at 20:52 Only a pleasure! |
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Lonkies says: 15 July 2013 at 21:02 Oh, just another quick question: not needing to submit a tax return if you earn less than R250000, did you mean earning less than R250000 in total per year, right? |
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TaxTim says: 16 July 2013 at 11:47 Yes, from one employer only with no extras! |
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