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Minette says: 1 February 2016 at 17:51 I started freelancing 01 November 2015 I was still working until 31 October at a company that was paying my tax for me. Do I need to do my provisional taxes this month (February) or should I wait until August? This entry was posted in Tax Q&A and tagged Salary / IRP5, Provisional Tax, Penalties. Bookmark the permalink. |
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TaxTim says: 1 February 2016 at 21:06 You should register for Provisional Tax now and submit a tax return in February to avoid possible penalties if you don't. If you are making less than R30 000 as a profit from Freelancing then you do not need to register as a provisional taxpayer. |
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Minette says: 1 February 2016 at 21:11 Thank you :) Is that R30 000 per month? |
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TaxTim says: 1 February 2016 at 21:17 Per annum! |
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