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Jomari says: 12 October 2015 at 9:03 I am earning commission on sales from selling an appliance. This income I earn on a part time basis apart from my full time job. What will the tax implications be on such an income, the commission varies from month to month? How do I go about paying this? |
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TaxTim says: 12 October 2015 at 16:06 It sounds like you should be registered as a provisional taxpayer and pay tax on these earnings 2-3 times per year. Am I a Provisional taxpayer? Please also read our blog on What is Provisional Tax? How and when? You would declare this income in your tax return within the section "Local Business Trade and Professional Income". Remember you can deduct all expenses incurred in generating this income. |
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