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I would like to know whether I am liable for Provisional Tax?

Posted 6 April 2013 under Tax Q&A

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I am under 65, DONOT PAY ANY TAX as my taxable income is under R67111. I have investment accounts and according to latest IT3 B statement, interest has accrued to R21000.00. Before this figure increases the R22800.00 threshold should I register as a provisional tax payer.

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TaxTim TaxTim says:
8 April 2013 at 9:31

As you are below the tax threshold you won't need to register as a provisional taxpayer as you are not paying any tax.


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