I am the owner of the company and pay provisional tax. I do not work anywhere else
TaxTimsays: 24 March 2016 at 10:19
If you are a director of a private company (pty) the company is deemed to be the "employer" and you are deemed to be an "employee". Any drawings you make from the company is in fact "salary" and would be subject to monthly PAYE. Your company should be registered for PAYE and UIF and this should be deducted from your salary.
Jacquisays: 24 March 2016 at 11:23
Thank you for your help.
TaxTimsays: 24 March 2016 at 11:26
Only a pleasure!
Get Tax Deadline Reminders, News and Tips
We'll tell you when you need to file, along with tax tips and updates.