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Can I declare extra income at the end of the year, or must I register for provisional tax now?

Posted 10 March 2014

If I did some freelance work in 2013 / 2014 tax year, will I pay a penalty if I only declare my extra income when I do my regular return?

TaxTim Marc TaxTim Marc said:
11 March 2014 at 9:08

If the amounts are above the R20 000 threshold then SARS will penalize you for non-submission of provisional tax and possible interest charges.

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