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?
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.
Minettesays: 1 February 2016 at 21:11
Thank you :) Is that R30 000 per month?
TaxTimsays: 1 February 2016 at 21:17
Per annum!
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