Hi there! I am a freelancer and earn about R120 000 a year. Some of my clients pay me the exact amount I invoice them, but two of my big corporate clients deduct tax before paying me. Can I include all this information in my first provisional tax return?
Yes, you would estimate your total taxable income for the year and as well as the tax payable. There is a space on the tax return to enter the tax you have already paid so this would be factored into the calculation and reduce your tax bill.
Please Register for TaxTim and let us assist you to complete and submit your provisional tax return to SARS.
Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.